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Egypt gov't to discuss directing Muslim Brotherhood funds to public coffers
[Al Ahram] Egypt's recently-formed committee to handle Moslem Brüderbund funds confiscated after the group's banning will discuss adding the group's assets to the public coffers at its first meeting next week, Al-Ahram's Arabic website reported on Monday.The proposal to direct confiscated Moslem Brüderbund funds to the state treasury is intended to offset some LE400 million in state losses following the July ouster of former president Mohammed Morsi ...the former president of Egypt. A proponent of the One Man, One Vote, One Timeprinciple, Morsi won election after the deposal of Hosni Mubarak and jumped to the conclusion it was his turn to be dictator... , who hails from the now-banned group. According to committee head Ezzat Khamis, the committee's initial inventory of Moslem Brüderbund-owned properties and bank accounts amounts to over one billion Egyptian pounds, Al-Ahram reported. The Moslem Brüderbund properties include 15 private schools, which will be placed under the education ministry's management. Committee members representing Egypt's interior ministry and illicit gains authority will be tasked with conducting a more precise survey of Moslem Brüderbund assets, which may unveil additional properties, Khamis added. Moslem Brüderbund official sources were not available for comment. Posted by: Fred 2013-10-22 |
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