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Property of 901 Brotherhood members confiscated since Morsi ouster
Judge in charge of assessing wealth of Muslim Brotherhood members says another 166 confiscations will be made
Published in Ahram Online on 21 - 01 - 2015

Property owned by 901 members of the outlawed Muslim Brotherhood has been confiscated since the ouster of president Mohamed Morsi in July 2013, a judge has said.
Another 166 confiscations will be made upon the completion of procedures, added Ezat Khamis, head of the committee tasked with evaluating the wealth of Brotherhood members.
He noted that the overall number of confiscations was 906, but five were reversed on appeal.
Among the confiscated property are 82 schools, added Khamis, who is an aide to the justice minister. The original number schools confiscated was 1,137, but a large number of decisions were appealed.
Some 532 companies were confiscated, 98 of which are being operated by substitute administrations.
Khamis said the committee had found it difficult to find new administrations for the confiscated companies.
The 28 confiscated hospitals and medical centres are still operating, Khamis said.
Since the ouster of Morsi, a senior member of the Brotherhood, there has been a massive security crackdown on the group and its allies.
Many have been arrested and had their property confiscated, amid speculation over the source of the group's funding and accusations of financial misdemeanors.
Committee spokesman Mohamed Abul-Fotouh said investigations indicate there are suspicions of money laundering related to supermarket chain Zad, which was owned by Brotherhood second-in-command Khairat El-Shater.
http://english.ahram.org.eg/News/120895.aspx


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