Middle East Economic Survey
VOL. LIV
No 20
16-May-2011
EGYPT
Switzerland Announces Freezing Of Mubarak Regime Assets
The Swiss government announced on 11 May that it had decided to freeze around $465mn in assets held by a number of individuals belonging to the regime of former Egyptian president Husni Mubarak, while the Egyptian judicial authorities determine, through criminal proceedings, whether those assets were illicitly acquired. If evidence is found to show that the assets did...
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