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Egypt's CB freezes assets of 8 businessmen
Mohamed Sameh Published in Albawaba on 12 - 09 - 2015

Sources within Central Bank of Egypt revealed Saturday in a statement to Al Bawaba News that the bank froze assets of eight businessmen for allegations of financing terrorism.
The sources who spoke to Al Bawaba on condition of anonymity, said that the bank has received notification from the Ministry of Justice requesting to freeze the assets of six exchange companies.
Those companies are under suspicion by the Homeland Security for allegedly taking part in financing terrorist operations in Sinai, the sources explained.
Investigations have shown that those companies were providing the necessary US dollars to buy weapons for terrorist groups based in northern Sinai governorate, as well as receiving funds from hostile states and use those funds to support terrorist operations, the sources added.

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