Egypt caps FY2025/26 public investments at EGP 1.16t – minister    Egypt backs Sudan sovereignty, urges end to El-Fasher siege at New York talks    Egyptian pound weakens against dollar in early trading    Egypt's PM heads to UNGA to press for Palestinian statehood    As US warships patrol near Venezuela, it exposes Latin American divisions    More than 70 killed in RSF drone attack on mosque in Sudan's besieged El Fasher    Al-Wazir launches EGP 3bn electric bus production line in Sharqeya for export to Europe    Egypt, EBRD discuss strategies to boost investment, foreign trade    DP World, Elsewedy to develop EGP 1.42bn cold storage facility in 6th of October City    Global pressure mounts on Israel as Gaza death toll surges, war deepens    Cairo governor briefs PM on Khan el-Khalili, Rameses Square development    El Gouna Film Festival's 8th edition to coincide with UN's 80th anniversary    Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy    Egypt expands medical, humanitarian support for Gaza patients    Egypt investigates disappearance of ancient bracelet from Egyptian Museum in Tahrir    Egypt launches international architecture academy with UNESCO, European partners    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt's Cabinet approves Benha-Wuhan graduate school to boost research, innovation    Egypt hosts G20 meeting for 1st time outside member states    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    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    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    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.



Mubarak's wife relinquishes her assets
Published in The Egyptian Gazette on 16 - 05 - 2011

CAIRO - The wife of former Egyptian President Hosni Mubarak relinquished some of her assets to the state on Monday, days after anti-corruption authorities ordered her detention.
An anti-corruption agency ordered on Friday that the former first lady Suzanne Mubarak be detained for 15 days to investigate charges she abused her husband's influence for unlawful personal gain. The couple deny the charges.
Suzanne Mubarak returned a Cairo villa and gave authorities the power of attorney to withdraw up to 20 million Egyptian pounds ($3.4 million), which authorities said she held, from two bank accounts, MENA said.
An archiving official in South Sinai, Mohamed Ahmed Hamed, told Reuters Suzanne Mubarak signed documents on Monday where she gave up her assets to the state.
Other judicial sources had earlier said her defence team would be signing the documents this week in an apparent attempt to avoid detention.
Earlier on Monday, al-Ahram state newspaper said doctors failed to complete a heart test on the former first lady, potentially prolonging her stay in a hospital after suffering symptoms of a heart attack.
Hosni Mubarak, who led Egypt for three decades before he was ousted on Feb. 11 in a popular uprising, also suffered heart problems last month, which means neither can be transferred to prison as demanded by state prosecutors.
Some media reports have suggested their family's fortune may total billions of dollars.
The conspicuous wealth of senior officials was a major popular grievance in a country where around 40 per cent of people live on less than $2 per day.
On Friday, Mubarak was interrogated about his ownership of a Sharm el-Sheikh villa estimated to be worth more than 36 million pounds and about alleged personal use of a bank account owned by the Library of Alexandria, according to state media.


Clic here to read the story from its source.