EU removes 6 people from Egypt asset-freezing sanctions list

The European Union has removed six Egyptians from its list of persons, entities and bodies subject to restrictive measures.

According to the documents published by the EU official newspaper in Brussels, the people removed from the list are the former leader of Egypt National Party, Ahmed Abdelaziz Ezz and his wives, Abla Mohammed Fawzi, Khadiga Ahmed Kamel and Shahinaz Abdulaziz Al-Najjar as well as the former Minister of Housing, Ahmad Elmaghraby and his wife Naglaa Abdallah El Gazaerly.

The statement for reasons was also amended for four persons, namely, Suzanne Thabet, the wife of Egypt’s deposed president Hosni Mobarak, and Khadiga Al-Gamal, the wife of the former president’s son Gamal Mubarak, Heidy Mahmoud Magdy, the wife of Alaa Mubarak, and Elham Sayed Salem Sharshar, the wife of Mubarak’s interior minister Habib Al-Adly.

Read: Egypt won’t fine Mubarak for 2011 telecoms shut down

The move came after the Egyptian National Committee to Retrieve State Funds reached a settlement with businessman Ezz which include the payment of 1.7 billion Egyptian pounds (90 million), of which 600 million pounds ($33 million) was paid from abroad.

In 2011, the European Union issued the sanctions list in the wake of the protests that began to oust long-term dictator Hosni Mubarak.