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Authorities Freeze Assets Of Mubarak & Family


Authorities in Egypt have frozen the assets of former President Hosni Mubarak and his family, state-run media reported Monday.

Attorney General Abdel Meguid Mahmoud requested the action, according to the state-run EgyNews website.

Along with Mubarak’s assets, those belonging to his wife, Suzanne, were also frozen, along with the assets of the former president’s eldest son, Alaa, and younger son, Gamal, and both of the sons’ wives, according to the report.

After 30 years, Mubarak stepped down as Egypt’s president February 11 following 18 days of unrest.

The same day, Switzerland’s government moved to freeze any assets in the country’s banks that might belong to Mubarak or his family. “The (government) intends in doing so to avoid any risk of embezzlement of Egyptian state property,” Swiss officials said in a statement at the time.

In addition, the prosecutor has requested an investigation into Mubarak’s assets, prompted by citizen complaints, Egyptian state television reported.

READ MORE: CNN



6 Responses

  1. TELL him to stop off in iran and take their khomeini with him, and let them both live out their lives together in some cave.

  2. The real news (i.e., man bites dog) in this article is not that a dictator might have looted his country’s treasury, or that a revolutionary government wants to freeze the assets of the dictator it overthrew. No, the real news in this story is: Hosni Mubarak’s wife’s name is Suzanne. No wonder some Arabs think he was a a tool of the US. Did she make him bacon and eggs for breakfast?

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