EGX ends in green on June 16    Egyptian pound rebounds at June 16 close – CBE    Egypt, IFC explore new investment avenues    Israel, Iran exchange airstrikes in unprecedented escalation, sparking fears of regional war    Rock Developments to launch new 17-feddan residential project in New Heliopolis    Madinet Masr, Waheej sign MoU to drive strategic expansion in Saudi Arabia    EHA, Konecta explore strategic partnership in digital transformation, smart healthcare    Egyptian ministers highlight youth role in shaping health policy at Senate simulation meeting    Egypt signs $1.6bn in energy deals with private sector, partners    Pakistani, Turkish leaders condemn Israeli strikes, call for UN action    Sisi launches new support initiative for families of war, terrorism victims    Egypt's President stresses need to halt military actions in call with Cypriot counterpart    Egypt's GAH, Spain's Konecta discuss digital health partnership    Environment Minister chairs closing session on Mediterranean Sea protection at UN Ocean Conference    Egypt nuclear authority: No radiation rise amid regional unrest    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt slams Israeli strike on Iran, warns of regional chaos    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    US Senate clears over $3b in arms sales to Qatar, UAE    Egypt discusses urgent population, development plan with WB    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Brotherhood faces WTC fallout
Published in Al-Ahram Weekly on 15 - 11 - 2001

The fallout of the 11 September attacks against the United States has begun to hit Egypt's largest political Islamist group, the outlawed Muslim Brotherhood, reports Khaled Dawoud
Leaders of the outlawed Muslim Brotherhood said they were "astonished" to find Al-Taqua Bank -- reportedly run by key Brotherhood figures -- on the US Treasury Department's list of banks suspected of being linked to Osama Bin Laden's financial network.
On 7 November, Swiss police, working alongside colleagues from the United States and Italy, questioned two businessmen -- an Egyptian and a Syrian -- for several hours over their alleged links to Bin Laden's Al-Qa'eda group which is suspected of carrying out the terrorist attacks against New York and Washington. The two men, Egyptian Youssef Nada and Syrian Ali Hemmat, were later released. They were named as managers of Nada Management, a financial transactions company which, Swiss authorities say, had recently changed its name from Al-Taqua Management Co.
Better known as Al-Taqua Bank, the organisation was established more than 10 years ago. It had a committee of prominent Muslim scholars to make sure that the bank's dealings conformed to Islamic teachings that prohibit interest, equating it with usury. The scholars were led by Sheikh Youssef Al-Qaradawi, who has long been known to have close connections with the Brotherhood.
In statements to Al-Ahram Weekly, former Brotherhood MP Essam El-Eryan confirmed that Youssef Nada "had historic links with the Brotherhood." However, El- Eryan pointed out that "Nada is over 70 years old and left Egypt nearly 50 years ago. Since then, he has become a professional banker and a successful businessman." He did not believe that detaining Nada could serve any useful purpose. "You can't pursue everybody just because at one stage he had links with the Brotherhood," he said.
The London-based Arabic-language daily Al-Hayat reported on Saturday that Nada had very strong links with the Brotherhood's leadership, including connections with Supreme Guide Mustafa Mashhour and his deputy Mamoun El-Hodeibi. Nada chartered a special flight to Cairo "a few years ago" to fly key Brotherhood figures to Geneva to attend a wedding, according to the newspaper.
According to experts on Islamist groups, financial backing from expatriate followers has been a key factor in the Brotherhood's survival despite heavy government-dealt blows over past decades. After the falling- out between late President Gamal Abdel- Nasser and the Brotherhood in 1954, many of its figures sought refuge in Arab countries -- particularly Saudi Arabia -- and in Europe. Germany was a key centre of financial activities for the Brotherhood, and security sources claim that the so-called "international leadership" of the group is based there. Brotherhood members ran successful businesses in several countries, the proceeds from which helped support the group's activities in Egypt.
El-Eryan strongly condemned US actions in placing the Taqua Co. on its list of suspects. "It seems that the Americans have gone crazy and are running after anything Islamic," he said. "The failure of their attacks against Afghanistan has rendered them unable to think properly, and they are simply taking measures against everybody." El-Eryan added that Al- Taqua Bank has been defunct for more than two years, after suffering major losses during the South East Asian financial crisis.
El-Eryan also denied any link between the Brotherhood and Bin Laden, adding that the group strongly condemned the 11 September attacks immediately after they took place. The Brotherhood has several differences of opinion with the Saudi dissident, he said.
Meanwhile, Brotherhood sources did not exclude the possibility that there may be a link between the police crackdown against group members and developments in Afghanistan. Last week, police arrested 21 Brotherhood members, including doctors, engineers and university professors, in Cairo and the Nile Delta town of Zagazig.
In a swift move, President Hosni Mubarak decided on Monday that the 21 suspects would be tried by a military court. Sentences issued by military courts cannot be appealed, according to the Emergency Law, which has been in effect in Egypt since 1981. Muslim Brotherhood leaders now fear that more members of the groups who were arrested in earlier crackdowns will also be referred to military courts, known for their speedy procedures and harsh sentences. No date has yet been announced for the new trial.
Among those arrested on 6 November were Mahmoud Ghozlan, an agronomy professor at Zagazig University. Security sources claimed that Ghozlan was "Number three in the Brotherhood's leadership after Mashhour and El-Hodeibi." According to these sources, Ghozlan was the secretary- general of the Guidance Bureau (the Brotherhood's highest decision-making body) and he "knows many group secrets."
Prosecutors ordered the 21 Brotherhood members to be remanded in custody for 15 days pending investigation before Mubarak announced his decision to refer them to a military court on Monday. They were charged with seeking to "incite public opinion by exploiting the ongoing US military campaign against Afghanistan to criticise the government's foreign and internal policies."
Since the United States military campaign started on 7 October, the Brotherhood has organised several peaceful protest demonstrations at Al-Azhar Mosque. Experts believe the government's latest wave of arrests of Brotherhood figures was a "pre- emptive measure" to discourage further demonstrations.
In May, police arrested 36 Brotherhood members in Assiut. Their period of detention was prolonged several times under the Emergency Law . A similar crackdown took place in mid-July in Giza when police arrested 25 members of the group.
Recommend this page
© Copyright Al-Ahram Weekly. All rights reserved
Send a letter to the Editor


Clic here to read the story from its source.