Monday, February 7, 2011

Egyptians, Don't Let Mubarak Out of Egypt Until He Repatriates All His Family Wealth

which UK's Guardian estimates to be as much as $70 billion.

Al Jazeera February 7, 2011 Live Blog quotes an independent newspaper that mentions the wealth effect of having worked for Mubarak's regime:

10:48pm Al-Masry al-Youm, the largest independent newspaper, released information from Egyptian authorities investigating the former ministers, businessmen, and officials who were banned from travelling and whose assets were frozen. It shows that:

The wealth of Ahmed Ezz, the former NDP Organisation Secretary, is estimated to be 18 billion Egyptian pounds;

The wealth of former Housing Minister Ahmed al-Maghraby is estimated to be more than 11 billion Egyptian pounds;

The wealth of former Minister of Tourism Zuhair Garrana is estimated to be 13 billion Egyptian pounds;

The wealth of former Minister of Trade and Industry, Rashid Mohamed Rashid, is estimated to be 12 billion Egyptian pounds;

The wealth of former Interior Minister Habib al-Adly is estimated to be 8 billion Egyptian pounds.

Sources at Cairo Airport said 3 of former ministers asked for a permission to travel yesterday and the day before yesterday, but they were denied such permission.

With these alone, it is more than 62 billion Egyptian Pounds, which is over $10 billion.

Mubarak's sons got away easily, unlike these ex-ministers who are not the Mubarak family members. But don't let Mubarak out of the country, until you negotiate with him his severance package.

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