Following the tumble of Arab repressive regimes, some corruption facts of Hosni Mubarak began to unfold.
By: Nidal Hmede
Translated by: Eslam al-Rihani
Following the tumble of Arab repressive regimes, one after the other, and after the fall of the Mubarak regime in Egypt, some corruption facts of Hosni Mubarak began to unfold.
In Paris, a commission of several Arab and European associations was established to prosecute the looters of the Egyptian people’s wealth. It will soon file suits against Mubarak’s family over charges of corruption and theft of public money. It will also ask the French and European judiciaries to freeze Mubarak’s family assets in the West.
In this context, Al-Manar.com.lb publishes three documents obtained from the Egyptian People’s Wealth Looters - Prosecuting Commission. Those three papers are part of 18 documents, three of which we will currently publish, which prove that Hosni Mubarak possesses tens of billions of dollars deposited in various banks around the world. The papers are: A deposit document, a treasury statement, and an assignment to deposit money on behalf of Hosni Mubarak. Those documents refer to the methods pursued by Mubarak’s family in smuggling and laundering money across the world, via global mafia networks, through fake companies and peoples of different nationalities, mostly British. In our first report, we present a deposit document of British bond on behalf of Hosni Mubarak worth $ 620 million.
It shows that a legal representative had deposited a bond on behalf of Mubarak in a Trust Fund in the British Barclays Bank. At the top of the paper, the name of the bank appears with its two stamps on both sides, right and left.
Under the name of the bank, the number of the bond appears; beneath it is the name of the bond’s owner - Hosni Mubarak. This is followed by a mailbox number in Cairo, with a thirteen-digit reference number and letters E/D, which may be an account number for Mubarak in the Barclays Bank.
A set of references then appears under the title of “Laws and Clauses” which shows Mubarak’s name and his account numbers, in addition to a digital encryption for the client’s name, owner of the account.
The paper then shows a written text on behalf of the governor of Barclays Bank, which signifies the bank’s guarantee and protection for everything included in the document, with four references of letters and digits, which are the texts of laws and clauses adapted in the terms of retention of these bonds.
The text in this article also underlines the privacy and confidentiality of this process. Later in the page, the value of the deposited bond of $ 620 million shows. At the bottom, Mubarak’s signature appears above his name, alongside with the stamp of Barclays Bank. The signature is dated January 3, 2002.
This type of deposits is carried out by owners of immense wealth who seek to hide, smuggle or launder their wealth, so that the immense sum is deposited as a bond in a bank fund and kept secret on behalf of the owner without traceable codes and information.
These bonds can be easily hidden in international banks, and are exchangeable in all others. They also erase traces or fingerprints in global banks and banking transactions be it paper or electronic.
Translated by: Eslam al-Rihani
Following the tumble of Arab repressive regimes, one after the other, and after the fall of the Mubarak regime in Egypt, some corruption facts of Hosni Mubarak began to unfold.
In Paris, a commission of several Arab and European associations was established to prosecute the looters of the Egyptian people’s wealth. It will soon file suits against Mubarak’s family over charges of corruption and theft of public money. It will also ask the French and European judiciaries to freeze Mubarak’s family assets in the West.
In this context, Al-Manar.com.lb publishes three documents obtained from the Egyptian People’s Wealth Looters - Prosecuting Commission. Those three papers are part of 18 documents, three of which we will currently publish, which prove that Hosni Mubarak possesses tens of billions of dollars deposited in various banks around the world. The papers are: A deposit document, a treasury statement, and an assignment to deposit money on behalf of Hosni Mubarak. Those documents refer to the methods pursued by Mubarak’s family in smuggling and laundering money across the world, via global mafia networks, through fake companies and peoples of different nationalities, mostly British. In our first report, we present a deposit document of British bond on behalf of Hosni Mubarak worth $ 620 million. It shows that a legal representative had deposited a bond on behalf of Mubarak in a Trust Fund in the British Barclays Bank. At the top of the paper, the name of the bank appears with its two stamps on both sides, right and left.
Under the name of the bank, the number of the bond appears; beneath it is the name of the bond’s owner - Hosni Mubarak. This is followed by a mailbox number in Cairo, with a thirteen-digit reference number and letters E/D, which may be an account number for Mubarak in the Barclays Bank.
A set of references then appears under the title of “Laws and Clauses” which shows Mubarak’s name and his account numbers, in addition to a digital encryption for the client’s name, owner of the account.
The paper then shows a written text on behalf of the governor of Barclays Bank, which signifies the bank’s guarantee and protection for everything included in the document, with four references of letters and digits, which are the texts of laws and clauses adapted in the terms of retention of these bonds.
The text in this article also underlines the privacy and confidentiality of this process. Later in the page, the value of the deposited bond of $ 620 million shows. At the bottom, Mubarak’s signature appears above his name, alongside with the stamp of Barclays Bank. The signature is dated January 3, 2002.
This type of deposits is carried out by owners of immense wealth who seek to hide, smuggle or launder their wealth, so that the immense sum is deposited as a bond in a bank fund and kept secret on behalf of the owner without traceable codes and information.
These bonds can be easily hidden in international banks, and are exchangeable in all others. They also erase traces or fingerprints in global banks and banking transactions be it paper or electronic.
