Egypt central bank deploys AI tools to track inflation, map informal economy: governor    Egypt's stocks record strong gains in September, EGX30 up 4.33%    Egypt approves 776,379 state-funded treatment decisions in July–August    Egypt launches waste reduction plan in Port Said with Japan's JICA    Telecom works near Grand Egyptian Museum cause brief Cairo service outage: NTRA    Egypt drug regulator, Organon discuss biologics expansion, investment    Microfinance portfolios in Egypt exceed EGP 101bn, reaching 4.1 million clients by Q2 2025    Gaza death toll surpasses 66,000 as Israel tightens siege, 'Freedom Flotilla' nears coast    Egypt's PM addresses parliament on Al-Sisi's objections to criminal procedures bill    Egypt's Contact Financial closes EGP 1.312bn securitisation bond    Suez Canal Authority urges Maersk to resume transits, citing strategic role in global trade    Egypt's Al-Sisi reaffirms state's commitment to judicial independence    Alameda launches Egypt's largest private-sector medical conference    Egypt calls for global mental health action, strengthens regional partnerships at Doha Summit    A Timeless Canvas: Forever Is Now Returns to the Pyramids of Giza    Egypt aims to reclaim global golf standing with new major tournaments: Omar Hisham    Egypt's foreign minister says Ethiopia's Nile dam policy is 'destabilising'    Trump unveils controversial Gaza peace plan amid escalating crisis, divided responses    Al-Sisi, Bin Zayed back Trump's Gaza peace initiative amid mounting diplomatic drive    Egypt to host men's, juniors' and ladies' open golf championships in October    Egypt's President Al-Sisi pardons activist Alaa Abdel Fattah, 5 others    Egyptian Writers Conference announces theme for 37th session    Egypt's Al Ismaelia wins heritage award for Downtown Cairo revival    Egypt's PM heads to UNGA to press for Palestinian statehood    Egypt condemns terrorist attack in northwest Pakistan    Egypt's foreign minister holds talks on reviving Iran nuclear negotiations    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Germany among EU's priciest labour markets – official data    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.



More ex-officials, tycoons on asset freeze list
Published in The Egyptian Gazette on 21 - 02 - 2011

CAIRO - The Central Bank of Egypt (CBE) ordered banks nationwide to freeze the assets of at least 28 public figures, businessmen, former ministers and officials, pending investigations into corruption and a possible ban on their leaving the country.
The list includes Gamal Mubarak, the son of ousted President Hosni Mubarak; businessman Magdi Rezq, father-in-law of Mubarak's other son Alaa; businessman Yassin Mansour, brother of former Minister of Transport Mohamed Mansour and cousin of imprisoned ex-Minister of Housing Ahmed el-Maghrabi; and business tycoon brothers Naguib and Sameeh Sawiris, according to Al-Youm Al-Sabea online.
Others on the list are ex-Minister of Information Anas el-Feqqi; Hassan Hamdi, the Chairman of Al-Ahram Advertising Agency and head of the popular Ahly Sporting Club; Hamdi's deputy at the club, Mahmoud el-Khateib; the head of the Egyptian Football Association Samir Zaher; Ahmed Suleiman, the goalkeeping coach of the national football team; and Police Colonel Talaat Mansour.
The list also features the head of the Industrial Development Authority, Amr Assal; ex-MP and business tycoon Mohamed Abul Enein; businessmen Mohamed Shafiq Boghdadi and Tamer Taie'a; and former Red Sea Governor Abu Bakr el-Rashidi.
The Sawiris brothers left Egypt on their private planes two days before the decision was made, while Yassin Mansour is having knee surgery in London.
The list further includes ex-Prime Minister Ahmed Nazif; ex-Minister of Military Production Field Marshal Sayyed Tantawi; ex-Minister of Finance Youssef Boutros Ghali; ex-Minister of Health Hatem el-Gabali; and the latter's brother, businessman Sherif el-Gabali.
Incumbent Minister of Communications and Information Technology Tareq Kamel and advertising expert Tareq Nour are also on the list.
More names include Red Sea Governor Magdi el-Kubeisi; Ashraf el-Sherif (son of the ex-chairman of the Shura Council, Safwat el-Sharif); ex-MP for opposition el-Ghad Party Ragab Helal Hemida; and businessman Hussein Salem, known to have close relations with the ousted President Mubarak.
Meanwhile, Al-Youm Al-Sabea quoted sources as saying that business tycoon Mohamed el-Morshidi of Mubarak's National Democratic Party has been arrested in Maadi, south of Cairo, in connections with the investigations into the killing of protesters during clashes in Al Tahrir Square on February 2.
The pitched battle, thought to be between Mubarak's supporters and protesters seeking to topple him, was widely believed to have been orchestrated by leaders of the National Democratic Party (NDP), the State Security Police and the police. It was later dubbed the ‘Battle of the Camel'.
Meanwhile, there was tight security around the villa of ex-chief of Cairo Security Department, Major-General Ismail al-Shaer, and that of his son, pending investigations after documents found with el-Morshidi suggested their involvement in the massacre.
It has been reported that the attack launched by thugs, security personnel in plain clothes and ex-convicts to drive the anti-Mubarak protesters out of Al Tahrir "by all means", was planned by Safwat el-Sherif, the Secretary-General of Mubarak's party, Gamal Mubarak and the former Presidential Chief of Staff, Zakaria Azmi.
The implementation of the operation was entrusted to ex-Minister of Interior Habib el-Adly, currently in prison over charges of graft.
In a related development, some members of the independent Press Syndicate filed a report with the Chief Prosecutor, demanding the freezing of the assets of Safwat el-Sherif, while investigations into his activities continue.
The report, carried by Al-Youm Al-Sabea, accused el-Sherif of "spoiling the journalistic scene" in Egypt, as he used to receive valuable presents worth million of Egyptian pounds from the heads of the press institutions and editors-in-chief.
It claimed that even el-Sherif's spacious flat in Heliopolis in eastern Cairo was a present from Al-Aharm Press House.


Clic here to read the story from its source.