Cairo Administrative Court overturns MB asset seizure
Minister of Justice Mahfouz Saber - YOUM7 (Archive)
By THE CAIRO POST

CAIRO: The Cairo Administrative court overturned Monday evening a ruling to confiscate nine companies and schools owned by members of the Muslim Brotherhood, Youm7 reported .

Minister of Justice Mahfouz Saber issued in July a decision to form a committee to confiscate and control the assets of members of the Muslim Brotherhood, which was banned as an organization Dec, 25, 2013.

The Administrative Court said Monday that the legal reasons behind cancelling the decision of confiscation 9 companies and private schools owned by MB members is not based in any law.

The court also said the decision to confiscate assets contradicts the July 8, 2013 Constitution Declaration that stipulates “private property is inviolable and may not be placed under sequestration except in circumstances prescribed by law or by judicial order, and there is no crime or punishment except that was convicted by law.”

The Administrative Court added that the only person who is authorized to issue a decision concern confiscating assets is the President.

In June, the Seoudi and Zad supermarket chains were forced to close by the government and inventory their assets and goods. Seoudi supermarkets are owned by Saudi Arabian businessman Abdel Rahman Seoudi, while Zad is owned by MB Deputy Supreme Guide Khairat el-Shater.

On Sept. 17, 2013, the North Cairo Criminal Court upheld a decision by the attorney general to freeze the assets of prominent MB leaders along with several other Islamist politicians, including MB Supreme Guide Mohamed Badie and his deputies Shater and Rashad Bayoumi. On March 12, the committee decided to transfer the management of 22 of the group’s NGOs to the government.

The assets of 748 MB members had been frozen as of Jan 28, Youm7 reported.

Prime Minister Ibrahim Mahlab issued a decree on April 8 enforcing the Dec. 25, 2013 ruling which designated the MB as a terrorist organization and applied legal penalties to anyone who joined or continued to be a member of the group after the issuance of the decree.

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