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Africa North
Egypt freezes assets of three former Mubarak aides
2011-04-05
CAIRO - EgyptÂ’s army rulers froze assets belonging to three former aides of deposed President Hosni Mubarak, meeting a demand of reformers seeking tough action against figures of the past administration.
Sure hope you boys each have a bag of Krugerrands...
The decision on Monday applies to Fathi Sorour, the former speaker of the lower house of parliament, Safwat el-Sherif, a senior member of the one-time ruling party and head of the upper house of parliament, and Zakaria Azmi, one of MubarakÂ’s senior aides, EgyptÂ’s official news agency MENA reported on Monday.

Essam el-Gawahri, a senior justice ministry official who heads a committee in charge of uncovering ill-gotten gains, last week banned the three from leaving Egypt after investigations showed they had amassed large amounts of wealth.

The decision to freeze their assets also applies to their wives and children, MENA said.

EgyptÂ’s public prosecutor had earlier ordered auditing and supervisory authorities to investigate claims made against the three former politicians.

Prosecutors have been investigating corruption allegations made against former officials and businessmen connected with the Mubarak administration.
Posted by:Steve White

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