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Draft law on sequestering Muslim Brotherhood assets approved by parliamentary committees | |
2018-04-16 | |
The draft law also covers all Islamist groups and movements that are found guilty of mounting terrorist attacks or being affiliated with the Brotherhood in any way. The Legislative and Constitutional Affairs Committee and the National Security and Defence Committee both gave their approval to the bill, which is expected to be approved by parliament in a plenary session on Sunday or Monday. The 20-article draft states that an ad hoc committee will be formed with responsibility for managing the assets of the group and of all other groups and movements related with the mother organization and listed as "terrorist entities". "The assets include all kinds of property, in-kind possessions, bonds, national or foreign cash, and financial securities," the draft states. The law states that all state institutions ‐ including banks, whether public or private ‐ will be obliged to cooperate with the ad hoc committee, giving all necessary assistance and implementing its resolutions. Egypt’s Moslem Brüderbund was designated a terrorist organization following a number of terrorist attacks targeting buildings belonging to security forces in Cairo and Nile-delta cities in December 2013. Many of the group’s leading figures were incarcerated Yez got nuttin' on me, coppers! Nuttin'! , while many of its assets were sequestrated. The government also designated two movements ‐ Hasm and Liwaa El-Thawra ‐ are terrorist organizations led by Moslem Brüderbund figures. The two movements were listed as "terrorist" entities by the United Kingdom and the United States. | |
Posted by:trailing wife |
#4 The Muslim Brotherhood survives in the USA because it is supported by the Democrat Party. (Obama's half-brother is a bigwig in the International Islamic Dawaa organization dominated by Brothers.) It has been prorogued in Egypt and Saudi Arabia, and the fact that the ruling al-Thani family of Qatar still supports it lies at the heart of the effort to isolate Qatar from other Arab states. |
Posted by: Clurong Peacock9529 2018-04-16 21:32 |
#3 What's the status of the MB in the U.S. The last I heard was that Potus was considering listing it as a terrorist organization. |
Posted by: JohnQC 2018-04-16 16:43 |
#2 the membership has been moving funds from Asia and Africa to Europe since 2012. I didn’t realize they have been moving monies to Europe, Clurong Peacock9529. The timing is interesting, too. But in Egyot the Sisi government has been confiscating Moslem Brotherhood assets for over a year. There are reports in the archives, but I’m not sure what key words would limit the result to just stories about asset seizures. |
Posted by: trailing wife 2018-04-16 10:06 |
#1 This one could really hurt. The Muslim Brotherhood as an institution includes some very wealthy individuals. Islam holds no prohibition to the accumulation of wealth. Just pay the annual tithe demanded of Muslims and everything is OK. Realistically, however, the membership has been moving funds from Asia and Africa to Europe since 2012. What the Brotherhood now stands to lose is real estate and such things as pharmacies, book stores, and retail outlets, which will reduce its presence throughout Egypt. |
Posted by: Clurong Peacock9529 2018-04-16 08:40 |