Creating new perspectives since 2009

Egyptian cabinet upholds Brotherhood asset freeze

February 5, 2014 at 1:11 am

A ministerial committee formed by the interim government in Egypt announced on Friday the preliminary list of Muslim Brotherhood figures whose assets have been frozen in accordance with a recent court decision. The list includes the movement’s leader Mohammed Badie and his deputies Mahmoud Ezzat, Khairat Al-Shater, Rashad Bayoumi and Gomaa Amin along with a number of other senior officials. Altogether, the assets of 572 individuals have been frozen by the state.

Wadie Hannah, the secretary-general of the committee, pointed out that the list includes members of “organisational structures of the Muslim Brotherhood in Cairo and other provinces.” Former MP Azza Al-Garf and presidential aide Hussein al-Qazzaz have been added to the list, he said.

The ministerial decree stipulates the freezing of real estate funds, liquid assets, fixed assets, bank accounts, bonds and stock market shares.

Source: Rassd