Thursday, March 10, 2011

Freeze assets of persons linked to the Mubarak regime

The Crimes Court in Cairo confirmed the freezing of assets and funds requested by the attorney general, six former Egyptian ministers and 14 businessmen linked to the regime of president Hosni Mubarak. The affected former ministers include former prime minister Ahmad Nazif and Finance extitulares Yusef Boutros-Ghali, the Interior Habib al Adli, Housing and Ahmed Mohamed Ibrahim Suleiman the Maghreb, and Tourism Zuheir Garana, besides their wives.

According to the Egyptian state news agency, Mena, prosecutors accused of damaging public funds and of embezzlement after receiving several complaints about alleged irregularities that led him to investigate and question witnesses. One of those complaints is against former interior minister who supposedly won the import license plates to a German company, without carrying out a public tender.

Also, according to research, extitulares Finance and Interior Nazif allegedly asked to endorse that decision, which, according to the prosecution, caused extensive damage to public funds because the cost of the transaction was 20 million euros . According to Attorney General Abdelmeguid Mahmud, if it had carried out a tender for the import of fees would have been much lower.

On 08 March, a court upheld the freezing of assets and a ban on leaving the country to fall on Mubarak and his family.

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