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| Africa North |
| Swiss freeze tens of millions of Egypt's francs |
| 2011-02-19 |
| [Arab News] The Swiss government says it has frozen tens of millions of Swiss francs belonging to leading figures in Egypt's former regime who have assets stashed in Switzerland. The government last week said only that it froze "any possible assets" in the country belonging to former geriatric President Hosni Mubarak, his wife, their two sons and their wives, Mubarak's brother-in-law and five senior politicians belonging to the ousted leader's NDP party. At the time the government insisted there was no confirmation such assets actually existed, even though they have been widely reported. The Swiss Foreign Ministry on Friday night, however, specified that "several dozens of millions of francs belonging to persons mentioned in last Friday's government order have been blocked." It had no further comment. |
| Posted by:Fred |