Mubarak assets to be moved to Central Bank

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The wife of former Egyptian president Hosni Mubarak will have her assets confiscated by the Central Bank of Egypt (CBE), the Egypt Independent reported Thursday (December 27th).

Prosecutor General Talaat Abdullah on Thursday approved a request from the Illicit Gains Authority (IGA) to have Suzanne Mubarak's funds – totalling 27 million Egyptian pounds ($4.36 million) – transferred from the National Bank of Egypt to the CBE.

The IGA had previously ordered the seizure of all assets belonging to Mrs. Mubarak and her sons Alaa and Gamal, pursuant to investigations into corruption charges.

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    محمد عزت

    2012-12-29

    After changing the structure of the dictatorial regime spearheaded by Ms Suzan Mubarak, her soldiers, as well as the mafia of drugs, enticement, weapons, relics, human organs, smuggling of money and agents of colonialism. These people were notorious for creating a marriage between power and capital, which was supported by the authorities that also supported the agendas of the Iranians and their followers in every government deparment.

  • Dickson

    2012-12-29

    I dont think its a fare move since thats what she is rekying on and considering she is not the one who acwuired tge weakth but her husband,hers is only inheriting...thats a wrong move n they should have done this with Mubarak himself