Egypt'a prosecutor called for ex-president's investigation
Almaty. February 22. Kazakhstan Today - Egypt's top prosecutor has called for an investigation into the Egypt's ex-president assets, Kazakhstan Today reports.
Egypt's top prosecutor called for an investigation into how the Mubarak family may have amassed up to $70 billion, GlobalPost reported.
Egyptian Prime Minister Ahmed Shafik meets with his British counterpart David Cameron (R) in Cairo on Feb. 21, 2011, the first trip by a foreign leader to the Egyptian capital since the downfall of longtime president Hosni Mubarak. Feb. 22, 2011.
Authorities in Egypt have frozen the assets of former President Hosni Mubarak and his family, state-run media reported Monday, 10 days after the president stood down amid mass rallies.
Prosecutor General Abdel Magid Mahmud asked the Egyptian foreign minister to contact other nations on the issue, and at the same time requested an investigation into Mubarak's assets, prompted by citizen complaints, Egyptian state television reported.
He said the freeze would apply to Mubarak, his wife, his two sons - including Gamal Mubarak, now reportedly in hiding - and two daughters-in-law.
Mubarak is widely thought to have amassed a fortune of anywhere up to $70 billion during his nearly 30-year stay in power.
Gamal Mubarak, 47, who was widely expected to take the reins of leadership from his father before the January uprising that deposed the ex-leader, was said to be living in a multi-million-dollar mansion in one of the most prestigious areas of London.
According to an investigation carried out by the Evening Standard, the house-keeper had probably been informed to tell reporters that the house had been sold and that the Egyptian dictator's son no longer lived at the address.
A British Citizen, Gamal worked at the London office of the Bank of America as an investment banker in the 1990s and afterwards set up his own private equity fund, Medinvest.
Many protesters and anti-corruption campaigners have been pressing prosecutors to open an investigation into the Mubarak family's assets.
On Saturday, Egyptian Prime Minister Ahmed Shafiq responded to a reporter's question on the matter by saying he only knew what he "read about Mubarak's wealth in the newspapers and in the media, just like everyone else," CNN reported. Shafiq said that any action on the former president's assets was up to the country's Military Council.
Mubarak's legal representative on Monday denied reports that the former president had grown wealthy while staying in office.
"Hosni Mubarak has submitted his final financial statement to the concerned judicial bodies according to the law," the representative said, according to Egypt's Mena news agency.
Mubarak stepped down as Egypt's president on Feb. 11 following 18 days of unrest in the country.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
relevant news
Olzhas Bektenov meets with Chairman of XUAR People's Government of China Erkin Tuniyaz
An important direction of our interaction is the expansion of investment cooperation, supported by new joint industrial projects, including in the fields of petrochemicals and metallurgy," Olzhas Bektenov emphasised and noted the significant potential for diversification of trade relations.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Head of State sent a telegram of congratulations to the President-elect of Indonesia
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Cyprus set to open its embassy in Kazakhstan
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Olzhas Bektenov leaving note in condolence book at Russian Embassy in Astana
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Kassym-Jomart Tokayev has phone conversation with Vladimir Putin
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Olzhas Bektenov and EDB head Nikolai Podguzov discuss joint implementation of infrastructure projects
The bank's priority should be the financing of large infrastructure projects. We are ready to expand co-operation with the bank on mutually beneficial terms," Olzhas Bektenov said.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Kazakhstan-Uzbekistan trade and economic cooperation: Olzhas Bektenov pays working visit to Tashkent
The Presidents of the two countries have set a task to bring Kazakhstan-Uzbekistan co-operation to a qualitatively new level. We see a significant potential for increasing trade turnover and will make all necessary efforts to achieve high results of our interaction both in bilateral and multilateral formats," Olzhas Bektenov stressed.
The leaders of our countries have identified specific tasks on further expansion of multifaceted relations between the two countries. I express readiness to take all necessary measures to fulfil these tasks," Abdulla Aripov said.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
How EU carbon tax will affect Kazakhstan's industrial sector
Our producers have questions related to the new cross-border tax initiative. We support the EU’s goals for sustainable development and decarbonization, but these goals should not create obstacles to international trade", - said Nurlan Kulbatyrov.
The higher the hydrocarbon component in Kazakhstan’s exports, the higher the taxes and fees will be in importing countries. Therefore, it is necessary to develop an action plan for the modernization of technological production processes, to provide funds for their implementation, including budget funds", - said Ainur Amirbekova.
This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today.
Most viewed
23.03.2024, 20:39Earth Hour 2024 returns by providing 60 minutes of global unity around the world, in support and celebration of the planet 23.03.2024, 19:31 27151Kassym-Jomart Tokayev has phone conversation with Vladimir Putin23.03.2024, 17:34 24211President chairs extraordinary Security Council meeting25.03.2024, 11:16 19686Olzhas Bektenov leaving note in condolence book at Russian Embassy in Astana25.03.2024, 20:19 19456Head of State sent a telegram of congratulations to the President-elect of Indonesia
04.03.2024, 18:28 94941Implementation of Artificial Intelligence in Geology: Memorandums of Understanding Signed During Kanat Sharlapayev's Visit28.02.2024, 18:03 94756Kazakhstan, Japan agree to resume direct flights29.02.2024, 13:01 90281Eight projects are planned to be launched in the manufacturing industry of the Kyzylorda region01.03.2024, 14:12 88046Kazakh diesel-electric locomotives began to be supplied to Mongolia04.03.2024, 14:47 87266President Tokayev participates in affirmation ceremony of AIFC Court Chief Justice