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Africa North
A document reveals Mubarak's assets in Switzerland
2011-02-05
[Ennahar] A secret document, of which Ennahar holds a copy, reveals some of the fortune amassed by Egyptian geriatric President Hosni Mubarak, deposited in Swiss banks.

The document issued by a Swiss bank, shows that Mubarak had made a bank deposit in 1982 of a $ 15 billion.

Only one year after his inauguration, geriatric President Hosni Mubarak made a large deposit of crude Platinum, used in the manufacture of jewelry (platinum or white gold), estimated on the document from the Swiss bank to 14 billion and 900 million dollars .
Where are they storing it, in the entire third sub-basement of the building plus part of the fourth?
Right next to all the gold bullion the Nazis stole from the Jews...
According to the document dated December 11, 1982, Mubarak had made a deposit transaction of 19,000 tons of Platinum through the UK office Flying Horse, based in London, a company specializing in paltinum and derived business, to a Swiss bank.

Mubarak did not wait very long before beginning to grab his country wealth. The evidence, the secret document from the Swiss bank which is dated December 1982, only a year after his inauguration, so, in thirty years of reign, he must have accumulated aPharaoh's fortune.
Posted by:Fred

#10  Bambi's ears started flapping when he heard Mubarak has $70 billion.
"Mubarak, Mubarak" "my second name is Barak, I wonder if we are related?"
"Why that's more than the Boss has"
Just then the phone rang and Bambi sprung to attention.
"Don't even think about it" the voice bellowed.
"When I buy you, you stay bought, you miserable twerp, do you understand?"
"Yes Mr Soros, yes Mr Soros" Bambi whined, but he could not get his mind off that $70 billion.
Posted by: tipper   2011-02-05 19:50  

#9  I think this is a falsehood being spread by the same guys who also say that 9/11 was an inside job. Citizens of a lot of Third World countries - including expatriates who have to the US - think that their home countries are poor because we are robbing them blind. If they can believe such crock I don't see why they wouldn't believe that Mubarak has $50B in the bank. At the peak of his wealth, Brunei's king - who has access to oil revenues of $8b a year - was only worth $40b.
Posted by: Zhang Fei   2011-02-05 19:14  

#8  AB gived me a gram of rhenium for my BD a few years back. I think a cat ate it.
Posted by: Zombie Hillary Lover   2011-02-05 17:03  

#7  I would suggest rhenium futures, for a small piece of the action.
Posted by: Alaska Paul   2011-02-05 15:08  

#6  He got cattle futures tips from Hillary
Posted by: Frank G   2011-02-05 14:27  

#5  The Mubarak family is said to be worth about $40-70 billion

I've been puzzling over that since it was first mentioned here a few days ago. We've been paying Egypt one to two billion dollars a year since the Sadat signed the peace treaty, right? And it was not long after that Sadat was killed, giving Mubarak access to all that lovely money. In order to have that kind of a net worth, he would have had to skim off almost all the dollars coming in, right? Or at least half that much, given the growth of property values in the place JohnQC listed.
Posted by: trailing wife   2011-02-05 13:51  

#4  The Mubarak family is said to be worth about $40-70 billion. The Mubarak family owns properties in London, Paris, Madrid, Dubai, Washington, New York and Frankfurt. Not too bad for a public official.
Posted by: JohnQC   2011-02-05 12:48  

#3  Yeah, but try getting it out of an ATM...
Posted by: tu3031   2011-02-05 11:24  

#2  Thanks, George Hupaviger4591.
Posted by: g(r)omgoru   2011-02-05 05:25  

#1  Mubarak had made a deposit transaction of 19,000 tons of Platinum

Black propaganda, but whose?

http://www.suite101.com/content/platinum-demand-likely-to-outpace-supply-a186871
1. Platinum is so rare that all of the metal ever mined would fill a room measuring less than 25 feet on each side.

2. One cubic foot weighs a little more than 1,330 pounds.

So all the platinum ever mined weighs less than 10,400 tons.
Posted by: George Hupaviger4591   2011-02-05 03:51  

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