Egyptian court to investigate Mubarak family bank accounts

Deposed President Hosni Mubarak and his family’s assets in all Egyptian banks will undergo investigation, the Cairo Court of Appeals announced on Monday.

Head of the Cairo Court of Appeals Abdul Aziz Omar said the court will on Tuesday consider a request from the Justice Ministry’s Department of Illegal Earnings to determine whether adequate evidence is available permitting the disclosure of secret accounts belonging to the Mubarak family.

Activists previously filed a complaint to prosecutors claiming that Mubarak, his wife and two sons possessed confidential bank accounts. The activists said the disclosure of these accounts was essential to hold the family accountable for potential charges of graft.

Egypt’s Attorney General Abdel Meguid Mahmoud last Monday ordered the freezing of Mubarak assets abroad and prohibited the former first family from leaving the country.

Mustafa Bakri, a former member of Egypt’s parliament, previously provided documents indicating the Mubarak family has clandestine bank accounts totaling more than LE200 million (US$147 million).

Translated from the Arabic Edition.



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