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Africa North
Egypt freezes over 1,000 NGO bank accounts
2013-12-24
[Al Ahram] The Central Bank of Egypt has frozen the bank accounts of 1,055 non-governmental organizations following a decision by the Cairo Court for Urgent Matters, Al-Ahram Arabic news website reported on Monday.

An anonymous bigwig at the bank said some of the NGOs are linked to the Moslem Brüderbund, but he did not reveal their names or number.

The value of the frozen funds was not announced and it was not announced why the measures were taken.

The authorities have launched a crackdown on Islamists since Mohammed Morsi
...the former president of Egypt. A proponent of the One Man, One Vote, One Time principle, Morsi won election after the deposal of Hosni Mubarak and jumped to the conclusion it was his turn to be dictator...
's removal on 3 July, arresting thousands and killing hundreds.

On 23 September, the Cairo Court for Urgent Matters banned all Brotherhood activities.

The court also ordered the seizure of the group's funds and the establishment of a panel to administer the frozen assets until appeals are held.
Posted by:Fred

#1  Good! Hit 'em where it really hurts.
Posted by: Barbara   2013-12-24 23:23  

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