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Egypt freezes assets of 48 officials
Published in The Egyptian Gazette on 11 - 03 - 2011

CAIRO - The Egyptian Stock Exchange received from Attorney General Abdel-Meguid Mahmoud an updated list of those banned from travel and from managing their liquid and transferred money, real estate, stocks and bonds in banks and companies, without affecting the companies in which they are shareholders, while ensuring that no transactions in any form are carried out in their names or by proxy or by authorization or as beneficiary owners.
The 48-name list includes an additional 23 former ministers, official businessmen and members of their families, a bourse statement said.
The first list has already included former President Hosni Mubarak and his family along with a number of former ministers and officials, the statement said.
The new list comprised businessmen Hussein Kamal-Eddin Ibrahim Salem, Mohamed Magdi Hussein Rasekh, Safwan Ahmed Thabet, Ahmed Bahgat Fattouh, Shafiq Mohamed el-Boghdadi, Mounir Ghabour Hanna, Moustafa Mahmoud, Moustafa Thabet, Alaa Saad Abul-Kheir, Moustafa Kamel Mohamed Ali and Mohamed Abul-Enein along with their wives and some members of their families.
The list also included UAE businessman Hussein Ali Sijwani. Ex-Premier Ahmed Nazif and his wife were also on the list along with former ministers Mohamed Ibrahim Suliman of housing and Youssef Boutros Ghali of finance and their wives.


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