25-11-2024 04:28 PM Jerusalem Timing

Egypt’s Prosecutor Requests Freeze on Mubarak’s Foreign Assets

Egypt’s Prosecutor Requests Freeze on Mubarak’s Foreign Assets

Egyptian prosecutor general requests freeze on former President’s assets abroad

Egypt's prosecutor general Abdel Magid Mahmud on Monday requested a freeze on the foreign assets of former President Hosni Mubarak and his family, 10 days after the latter’s resignation in the face of a popular uprising.
  
Mahmud tasked Foreign Minister Ahmed Abul Gheit with contacting foreign countries to seek a freeze on assets held by Mubarak, his wife Suzanne, sons Alaa and Gamal and their wives Heidi Rashekh and Khadiga al-Gammal.
  
Switzerland, which froze Mubarak's assets within hours of his resignation on February 11, said on Sunday that the former president had "tens of millions of francs" in Swiss financial institutions. "We do not yet know if these funds are legitimate or not," said Swiss foreign ministry Stefan von Below, adding that if they had been illegally obtained, "competent judicial bodies will decide who are the entitled parties".

Meanwhile, a legal advisor of Mubarak was quoted on Sunday by MENA news agency as saying that talk of a multi-billion-dollar fortune was nothing but "a groundless rumor".