Pakistan Today

EU freezes assets of Mubarak, 18 associates

BRUSSELS – The European Union on Monday froze the assets of ousted Egyptian president Hosni Mubarak and 18 people in his inner circle. The sanctions against resources owned by people identified as “responsible for the misappropriation of Egyptian state funds” were signed off by foreign ministers meeting in Brussels.
The move follows a Cairo criminal court ruling which upheld a decision to freeze the assets of Mubarak and his family. Diplomats said the EU list, to be published later this week, includes Mubarak, his wife Suzanne, his two sons Alaa and Gamal and their wives, as well as key former regime figures – such as a former interior minister and a ruling party official.
Mubarak, who resigned on February 11 following weeks of protests, is accused of amassing a fortune during his 30-year rule.

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