Attorney General confiscates assets of 17 Mubarak-era tycoons
Alaa and Gamal Mubarak

CAIRO: Egypt’s Attorney General Nabil Sadek issued a decision Friday to confiscate assets of Gamal Mubarak’s father-in-law and other 16 businesspersons over charges of embezzling public funds, Youm7 reported.

The decision includes names of Mahmoud al-Gammal, his wife, businessman Salah Diab, and grandson of former Al-Azhar Sheikh Medhat Gad al-Haq, besides thirteen others. They face numerous charges including purchasing a piece of land in the 6 of October City to build a housing investment project called the New Giza for prices cheaper than the market.

The Attorney General set Nov. 10 to consider the case before a Cairo Criminal Court.

Reports claiming that ousted President Hosni Mubarak and his footnote stole tens of billions of dollars have helped fuel the 25 January Revolution which overthrew him in 2011.

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