Ikhwanweb :: The Muslim Brotherhood Official English Website

Tue109 2018

Last update19:14 PM GMT

Back to Homepage
Font Size : 12 point 14 point 16 point 18 point
:: Issues > Reform Issues
Egypt’s military calls on US and EU to freeze assets of ousted Mubarak’s aides
Egypt’s military calls on US and EU to freeze assets of ousted Mubarak’s aides
Following the historical toppling of Egypt’s ruling regime, the Egyptian military led government has called upon the US and EU to freeze the assets of top former leaders under the ousted Hosni Mubarak. It has remained silent however on the billions reaped by the deposed president.
Tuesday, February 15,2011 18:53
IkhwanWeb

 Following the historical toppling of Egypt’s ruling regime, the Egyptian military led government has called upon the US and EU to freeze the assets of top former leaders under the ousted Hosni Mubarak. It has remained silent however on the billions reaped by the deposed president.


Under Obama the US administration has asserted it is examining the request while the EU ministers are still to take a decision on the issue.


According to US State Department officials the administration had received request to freeze assets stolen by numerous senior officials in Mubarak's regime, however no requests to freeze assets reported to be between 40 and 70 billion USD of the ousted president have been made.


Names of the individuals whose assets were being asked to be frozen have not as yet been disclosed and it remains to be seen whether the sons of the ousted Mubarak are among them.


 A similar request to freeze the assets of Mubarak's top aides has also been submitted to France, UK and Germany.


Britain's Finance Minister George Osborne has forwarded a proposal to the EU calling on all 27-member states to strip the assets of Mubarak’s closest associates, and Britain’s Foreign Secretary William Hague has proposed a similar action against Mubarak.


The new Egyptian authorities have imposed a travel ban as a preliminary step on all former top officials of the ousted Mubarak’s regime and travel abroad is only permitted after clearance by military or public prosecutor.


The Swiss have in fact announced the ban within hours of the downfall of Mubarak.


The move to freeze accounts of Mubarak's aides follows reports that Mubarak had moved his family assets from European banks to institutions in the Gulf region.


Rumours have it that Mubarak currently in Egypt’s Red Sea Resort Sharm al Sheikh may seek asylum in the Emirates.

tags: Mubarak / NDP / European Union / USAID / UK / France / January 25 / Armed Forces / Tahrir Square / Egyptian Military
Posted in Reform Issues  
Add Comment Send to Friend Print
Related Articles
Statement by the Forum of Independent Human Rights Organizations| Long Live the Egyptian Popular Revolution...Roadmap for a Nation of Rights and the Rule of Law
MB's insight and calls for preliminary steps during upcoming period
Peaceful Protest and the Reward of Perseverance
MB Statement on the Dialogue between Youth, Political and National Forces with Egypt’s Vice-President
MB: We Will Continue in Dialogue Only if People’s Demands Are Respected
Egypt protesters honour 'martyrs' in Tahrir Square
Why Is it Impossible to Call it
Human Rights Group Express Deep Concern on Violence Against Citizens
MB: Open to Dialogue As Long as It Respects the Masses Demands
Should the West Fear or Celebrate Egypt's Uprising?
Egypt – How Did We Get Here?
Egypt Protests – Changing the Rules of the Game
MB statement on January 25, Day of Rage and its consequences
Day of Rage Digest Egyptians in Action January 25th
Egypt Revolution – In the Shadow of Tunisia
MB Youth, January 25 Activists Hope it Will Be the Start of Significant Change
Egypt's Day of Rage a Day of Revolution
Amnesty calls on regime to allow peaceful protests
Security Threats for Activists Hours before the Egyptian Day of Rage
Politicians: January 25 Demonstration Is not a Prelude to National Uprising