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March 2011 Vol 30 Edition 1, North Africa

Egypt bans Mubarak travel, freezes assets

By SAPA   Mon, Feb 28, 2011

Egypt slapped a travel ban on ousted president Hosni Mubarak and his family, and also imposed a freeze on his assets, says judicial officials.

Besides Mubarak, who resigned on February 11 following weeks of protests, the decision also applied for his wife Suzanne, his two sons Ala and Gamal, and their wives, the same source said on Monday.

Mubarak stepped down after three decades of iron-fisted rule, handing control over to the army and heading to the Egyptian Red Sea resort town of Sharm el-Sheikh.

On February 21, Egypt's prosecutor general Abdel Magid Mahmud requested a freeze on the foreign assets of the former president and his family.

The prosecutor charged Foreign Minister Ahmed Abul Gheit with contacting foreign countries to seek the assets freeze.

A judicial official said at the time that the prosecutor's office had received several complaints regarding Mubarak's wealth being outside the country, "which necessitates an investigation".

Mubarak is widely thought to have grown wealthy during his rule, but an unidentified legal adviser has been quoted as saying talk of a multi-billion-dollar fortune was nothing but "a groundless rumour".

France said on Wednesday last week that it would back the Egyptian request.

"We are also working with our European partners to respond best to the request from the Egyptian authorities," said French foreign ministry spokesman Bernard Valero.

Switzerland, which froze Mubarak's assets within hours of his resignation, previously said the former president had "tens of millions of francs" in Swiss financial institutions.

Mubarak, 82, has not been seen publicly since he stepped down, amid speculation about his health.

By SAPA

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