Egyptian military council dismissed on Wednesday a report it might pardon the ousted President Hosni Mubarak, assuring it would not intervene in legal procedures.

Egyptian military council dismissed on Wednesday a report it might pardon the ousted President Hosni Mubarak, assuring it would not intervene in legal procedures.

 "There is absolutely no truth to what has been reported by the media that the supreme council is moving towards a pardon for former president Mohammed Hosni Mubarak or his family," the council stated on its Facebook page.

"The Supreme Council of the Armed Forces does not interfere in one way or the other in legal procedures to hold the former regime symbols accountable," the statement added.

A report published by Al Shorouk newspaper on Tuesday revealed that Mubarak has drafted a letter that will be broadcasted on Egyptian and Arab channels, adding that “the letter includes an apology for any act that may have stemmed from false information passed on to him by his advisers”.

The paper further stated that the president will reveal his readiness to hand over his assets to the state, in a desperate attempt to get the Egyptian Supreme Council of the Armed Forces to look into an amnesty.

Mubarak has been detained since April on suspicion of involvement in the deaths of protesters and corruption. He is under arrest in a hospital, where he was treated for a heart attack during an interrogation.

His two sons Alaa and Gamal are being held in a Cairo prison while his wife Suzanne, after relinquishing her assets, was released on bail as she also faces a corruption investigation.