Tuesday, February 15, 2011

Egypt calls for the freezing of assets of former regime officials Mubarak

The Egyptian government asked the U.S. to freeze assets of former Egyptian officials who worked for former President Hosni Mubarak said on Monday an official from the U.S. State Department. The official, who requested anonymity, the application does not concern Mr. Mubarak himself. "We received requests for other officials," he said.

The Egyptian authorities have also asked several European countries including Germany, the United Kingdom and France to freeze assets of former senior officials of the regime of Mubarak, but not the deposed president himself. The question must be addressed by the entire European Union on Tuesday at a meeting in Brussels.

"I asked what all (...) evokes the situation in countries such as Tunisia, Egypt in particular, to examine the financial and economic aspects, that is to say both investment opportunities and support, including the European Investment Bank, through the various development agencies in each of our countries, "said the French economy minister Christine Lagarde.

Paris was seized by the Egyptian authorities "a request to freeze assets of former Egyptian officials," confirmed the spokesperson of the Quai d'Orsay, Bernard Valero. "We consider this request and we will cooperate well with the Egyptian authorities," added the spokesman, noting that it "did not concern either former President Hosni Mubarak nor members of his family." In London, British Foreign Minister William Hague also said to have "received a request from the Egyptian government to freeze the assets of several ancient Egyptian officials.

"We will of course cooperate" with the Egyptian authorities "working with EU and international partners as we did in the case of Tunisia," added Mr Hague, referring to the gel by the Union assets of the former Tunisian President Zine El-AbidineBen Ali and his family. "If there is evidence of misuse or illegal use of public funds, we will take firm and swift action," he assured the chief of British diplomacy.

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