Chairman of the Committee in charge of judicial recovery of looted funds abroad Egypt on Monday that the wealth of Alaa and Gamal's two sons deposed President Hosni Mubarak, Swiss banks are estimated at $ 340 million, equivalent to two billion pounds, an Egyptian.
The Assistant Minister of Justice for a graft, "Judiciary Committee reached a confirmed information indicating that Ala and the beauty of the two sons of former President Hosni Mubarak have deposits of Swiss banks is estimated at about $ 340 million, equivalent to two billion pounds."
The Chancellor Asim essential in a statement that "Alaa Mubarak has its own three hundred million dollars, which indicates that his brother and two owners of most of the money frozen by Switzerland, which amount to 410 million Swiss francs."
Mubarak's sons and tried Almatqlan in a Cairo prison - in addition to their father - several charges, including corruption.
Judiciary Committee, said that the wealth of Salem abroad than 24 billion pounds
Hussein SalemAlso revealed the essential in his statement that the Judiciary Committee, and placed their hands on important documents confirms possession of a businessman, fugitive, Salem and his two sons Khalid and Magda a fortune in several countries abroad than 24 billion Egyptian pounds, reached by wire transfer of his many Salem and his two sons, several banks abroad .
He pointed out that the Commission and put her hand also documents confirm possession of a number of former regime's fortunes in many countries where the mostly to a ruse to hide their wealth through the creation of companies (offshore), which are not subject to State authorities established with a view to the adoption of those companies as a cover to hide their money so difficult to track.
The essential that the Commission recover the money come to that information through a plan in place to track the wealth of the former regime abroad, which worked by the Committee with a number of intelligence services of financial and major law firms in foreign countries, did not travel any of the members of the Committee to the outside only once in order to save expenses and to ward off suspicions on the work of the Committee in a critical stage with the country.
The director of Al Jazeera's bureau in Cairo, Abdel-Fattah Fayed said this statement is the first official government statement talks about the wealth of the former regime, a statement that the difference probably indicates a sincere desire on the need to recoverthe looted money.
He added that the statement spoke - and very unusual - what he called the neuroticformation of an international money laundering and liquidated and smuggled abroad.
The Swiss foreign ministry announced Wednesday that it wants to speed up the judicial mechanism with Tunisia and Egypt to refund former Presidents Mubarak and Zine El Abidine Ben Ali.
The head of the Department of Public International Law Valentin Zellweger told the Swiss news (ie, TS) "Switzerland is ranked seventh in the financial world. It ranked first in thearea of reconstruction funds stolen by dictators."
The Berne had frozen the beginning of the year sixty million Swiss francs (48.7 million euros) from deposit of Tunisia, and 410 million Swiss francs of deposits of Egypt, and 650million francs of deposits Libyan, and 45 million francs of deposits of Syria.
Source: Al Jazeera + and agencies