GIZA, Egypt: The Giza Criminal Court, headed by Mohamadi Konsouwa, today decided to postpone the Illicit Gain Authority's decision to prevent Hussein Salem and his family from accessing their assets, including liquid cash, real estate, stocks and bonds. The trial will begin again on December 8. Minister of Justice official Asem el-Gohary earlier decided to prevent Hussein Salem, his wife Nazema Abdul Hamid, his son and daughter Khaled and Magda, his daughter-in-law Ain al-Hayat Abbas and his grandchildren Donia and Hussein from accessing any assets – either inside or outside Egypt. The investigations from the Illicit Gains Authority discovered that Salem was the executive director of a company financed with public funds. The Administrative Authority and Public Funds earlier claimed that Husseun and his family own and contribute to many companies, including Nema for Golf, Construction Investment, Luxor Grand Hotel, Arabia for Petroleum Investments, United Victoria for Construction, South Sinai Water, Sharm el-Sheikh for Investment and Free Zones and Crocodile Company for Tourist Projects. Investigations also reveal that Salem and his family own 25 villas in Sharm el-Sheikh, Heliopolis, October 6 City and Neama Gulf. He also owns a tourist resort, three large hotels, many construction projects and a great deal of agricultural land in Beheira and Luxor. He also owns two water desalination plants, a private plane and 59 private cars.
