Egypt's Public Prosecutor has examined complaints and evidence regarding the real estate holdings of former Egyptian President Hosni Mubarak and his family and has prepared a report. The confidential report contains the full details regarding Mubarak's assets, and proves the illegal wealth obtained by the former president and his family. Investigations revealed that Mubarak and his family have bank accounts in the National Egyptian Bank and National Societe Generale Bank and investment funds at the Egyptian National Bank. The report has no information regarding the properties of Mubarak's sons abroad. The report proves that Mubarak's sons are not partners in Egypt's chain of Chilis restaurants, which are owned by Mansour Amer, chairman of the Amer Group. The report said Gamal Mubarak, the president's youngest son, did not sieve 72 tons of gold from Egypt's Central Bank and deposit them in his U.S. account. It also said there were no gold withdrawals from the Central Bank during Mubarak's term as president. Investigations revealed that Gamal was a member of the Arab African International Bank as a representative of the Egyptian Central Bank from1996 until January 2011, when his father's regime was ousted from power. During that period Gamal took incentives and allowances during this period that reached U.S. $175,000; 65,000 EGP (U.S. $11,000) and 160,000 GBP (U.S. $262,000) respectively. The report also showed that Gamal is a partner in Bollion Company, founded in Cyprus, which owns 40 percent of Hermis Company. The company gained $2.5 million from 1997-2001, and $24 million from 2002-2010. According to the report, Mubarak and his family own no private planes. The aircrafts used by the former president are owned by the Egyptian presidency, not Mubarak specifically. The report revealed that Mubarak owns a number of properties on the Red Sea, including five villas in Egypt's famous resort city of Sharm el-Sheikh. The villas were purchased in 2000 from Nemaa Company for Tourist Investment, and the price of each villa ranged from 300-500,000 EGP (U.S. $51-85,000). Regarding Mubarak's bank assets, investigations revealed the former president holds assets in the National Egyptian Bank and other Egyptian banks. The investigation also revealed the Alaa Mubarak, the ousted president's elder son, owns four pieces of land on the Cairo-Ismailia desert road and Gamal owns two pieces of land there. The Ahmed Orabi Agricultural Assembly controls the properties.
