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Showing posts with label Family's lawyer said the deposed Egyptian President Hosni Mubarak that the money deposited in Swiss banks. Show all posts
Showing posts with label Family's lawyer said the deposed Egyptian President Hosni Mubarak that the money deposited in Swiss banks. Show all posts

11/05/2011

Mubarak family's lawyer denies corruption charges













Mubarak and his sons Alaa and Gamal face corruption charges
Family's lawyer said the deposed Egyptian President Hosni Mubarak that the money deposited in Swiss banks, which owned Alaa and Gamal Mubarak and froze the Swiss government is "illegal profits" from the acquired financial consultancy abroad.

The lawyer, Farid El-Deeb in an interview published in the journal "Foreign Affairs" the U.S. that he had submitted documents, and documents showing the sources of those funds and prove - as described - it's money legally earned two brothers from the profits of an advisory in speculation in the international stock markets, denying that the funds of any relationship with money the government in Egypt.
Deeb added that the funds have entered into a joint account of two brothers who were separated at the beginning of March / March 2008, and that, after years of accumulation of interest such funds amounted to $ 300 million, asking, "Is it wrong for anyone to make profits legally?".

The Deputy Minister of Justice has the essential Egyptian Essam explained that the Swiss government has frozen funds worth U.S. $ 460 million, returning $ 340 million of them to Alaa and Gamal Mubarak, the share of Ala 300 million dollars.


The Mubarak's two sons under detention in Tora prison in Cairo where being tried on a variety of charges including corruption, has been appointed the next session of their trial on 28 / December.

Deeb also spoke about the financial status of the deposed president and his wife Suzanne saying that Hosni "Mubarak and his wife do not possess one dollar inside or outside Egypt."

Since the fall of Mubarak and his sons is referred Alaa and Gamal, and two former ministers, ministers and businessmen, to trial on charges including racketeering and influence peddling, bribery and sentenced to prison, some others are still on trial.
The Hosni Mubarak was forced to leave office by a popular uprising overthrew him last February, and brought to trial on the third of August on charges of involvement in the killing of demonstrators and corruption.

Source: French

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