Tuesday, October 18, 2011

Trying To Find The Family Wealth Of Ousted Egyptian President Hosni Mubarak's Family

Alaa (left) and Gamal Mubarak inside a cell during their corruption trial in August 2011 (AFP/File)

Hosni Mubarak Sons 'Have £215 Million In Swiss Banks' -- The Telegraph

The two sons of ousted President Hosni Mubarak have an estimated $340 million (£215m) in Swiss bank accounts, a senior Egyptian Justice Ministry official said on Monday.

Assem al-Gohary said Swiss authorities are investigating whether one of the sons, Alaa, 49, was involved in money laundering along with other ex-regime figures.

Mr Mubarak and his sons have been charged with corruption and all three are under arrest in Egypt. Mr Mubarak is also charged with complicity in the killing of about 850 protesters during the Jan 25 to Feb 11 Egyptian uprising.

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My Comment: £215 Million In Swiss banks that is known. How much in other banks, properties, and investments .... that is the $64 million dollar question that Egyptian authorities are trying to unravel.

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