EGX ends week in green area on 23 Oct.    Egypt's Curative Organisation, VACSERA sign deal to boost health, vaccine cooperation    Egypt, EU sign €75m deal to boost local socio-economic reforms, services    Egypt, EU sign €4b deal for second phase of macro-financial assistance    Egypt's East Port Said receives Qatari aid shipments for Gaza    Egypt joins EU's €95b Horizon Europe research, innovation programme    Oil prices jump 3% on Thursday    Egypt steps up oversight of medical supplies in North Sinai    Egypt to issue commemorative coins ahead of Grand Egyptian Museum opening    Suez Canal signs $2bn first-phase deal to build petrochemical complex in Ain Sokhna    Inaugural EU-Egypt summit focuses on investment, Gaza and migration    Egypt, Sudan discuss boosting health cooperation, supporting Sudan's medical system    Omar Hisham announces launch of Egyptian junior and ladies' golf with 100 players from 15 nations    Egypt records 18 new oil, gas discoveries since July; 13 integrated into production map: Petroleum Minister    Defying US tariffs, China's industrial heartland shows resilience    Pakistan, Afghanistan ceasefire holds as focus shifts to Istanbul talks    Egypt's non-oil exports jump 21% to $36.6bn in 9M 2025: El-Khatib    Egypt, France agree to boost humanitarian aid, rebuild Gaza's health sector    Egyptian junior and ladies' golf open to be held in New Giza, offers EGP 1m in prizes    The Survivors of Nothingness — Part Two    Health Minister reviews readiness of Minya for rollout of universal health insurance    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt launches official website for Grand Egyptian Museum ahead of November opening    The Survivors of Nothingness — Episode (I)    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt successfully hosts Egyptian Amateur Open golf championship with 19-nation turnout    Egypt will never relinquish historical Nile water rights, PM says    Al Ismaelia launches award-winning 'TamaraHaus' in Downtown Cairo revival    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Egypt's Sisi warns against unilateral Nile actions, calls for global water cooperation    Egypt unearths New Kingdom military fortress on Horus's Way in Sinai    Syria releases preliminary results of first post-Assad parliament vote    Karnak's hidden origins: Study reveals Egypt's great temple rose from ancient Nile island    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    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.



Exclusive: Alaa Mubarak Has 10 NBE Bank Accounts Worth EGP 120 Mln
Published in Amwal Al Ghad on 21 - 01 - 2013

Much talk has been raised about the wealth of the Egyptian deposed President Hosni Mubarak's family before and after 2011's revolution. Some claim the family have bank accounts with huge balances, while others affirm that they are honest and do not own large wealth. No one has ever provided clear information about the volume of wealth of Mubarak family.
The Central Bank of Egypt (CBE) and the presidents of banks consider this issue a secret of customers' individual information that shall not be declared. However, Tarek Amer, chairman of the National Bank of Egypt (NBE), announced that the value of accounts owned by Mubarak family does not exceed EGP 100 million, which happens to be incorrect.
The family's lawyer Farid El-Dib has evaded the question about the wealth of the family, affirming that Mubarak has EGP 6 million worth of deposits held by Egyptian banks and does not have any buildings or assets outside the country. El-Dib confirmed that Mubarak's two sons worked outside the country for for a long time and earned good profits from their own businesses. He wondered how anyone could ask them about their wealth that they acquired by their own efforts for long years.
This difficult question that no one has answered, Amwal Al Ghad now provides accurate information about the wealth of Mubarak's family with documents that affirm that the family has about EGP one billion worth of deposits held by local banks only.
The documents acquired by Amwal Al Ghad show that Alaa Mohamed Hosni El-Sayed Mubarak, also known as Alaa Mubarak, is NBE's customer number 00030700 who has 10 balances; five of which are in local currency and the other five are in foreign currency (dollar, euro, sterling and riyal).
The number of Alaa Mubarak's largest NBE account is 50010813073 which has value of EGP 70 million and its last transaction date is May 22nd, 2008.
Alaa Mubarak also has NBE account number 50000503072 which has value of EGP 10 million, account number 50001103070 worth EGP 10 million and account number 36000003072 worth EGP 2899.
Mubarak's older son also has a bank account number 01000865359 which has value of EGP 9.9 million and its latest transaction date is August 22nd 2012, which is eight months after the popular overthrow of Hosni Mubarak. Therefore, NBE and Central Bank of Egypt shall give detailed information about this transaction and the public prosecutor shall investigate about it as well.
Alaa Mubarak also has NBE dollar-currency accounts and the largest of which has value of US$ 300,000 and its last transaction date is January 10th, 2011.
Amwal Al Ghad will publish other documents about the wealth of Mubarak family in the upcoming period.
Amwal Al Ghad Arabic website has published the document of Alaa Mubarak's NBE account:
http://www.amwalalghad.com/index.php?option=com_content&view=article&id=78953:%D8%A7%D9%86%D9%81%D8%B1%D8%A7%D8%AF-%D8%B9%D9%84%D8%A7%D8%A1-%D9%85%D8%A8%D8%A7%D8%B1%D9%83-%D8%A7%D9%84%D8%B9%D9%85%D9%8A%D9%84-%D8%B1%D9%82%D9%85-00030700-%D8%A8%D8%A7%D9%84%D8%A3%D9%87%D9%84%D9%89-%D9%8A%D9%85%D8%AA%D9%84%D9%83-10-%D8%AD%D8%B3%D8%A7%D8%A8%D8%A7%D8%AA-%D8%A8%D9%80-120-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87&catid=14:%D8%A8%D9%86%D9%88%D9%83-%D9%88%D9%85%D8%A4%D8%B3%D8%B3%D8%A7%D8%AA-%D9%85%D8%A7%D9%84%D9%8A%D8%A9&Itemid=222


Clic here to read the story from its source.