Tuesday, February 22, 2011

Egypt asks to freeze Mubarak assets

Egypt's public prosecutor has requested the freezing of former Egyptian president Hosni Mubarak's foreign assets as well as accounts held by Mubarak, his wife Suzanne and his two sons, Gamal and Aala, together with their wives.

Abdel Meguid Mahmoud made the request on Sunday in the first sign that the deposed president would be held to account by the rulers to whom he handed power on February 11.

Media reports suggested the former president's wealth may total billions of dollars and some anti-Mubarak protesters accused him of squandering the wealth of the Arab world's most populous nation, but aides insist he has done nothing wrong.

The public prosecutor also filed the first charges against a group of high-ranking officials currently in detention and under investigation for their wrongdoings while serving in Mubarak's government.

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