Tuesday, May 17, 2011

Suzanne Mubarak to return some of her millions ...

Suzanne Mubarak has been called in for a detention period of 15 days with a charge of corruption and eliciting the ex-President's power for personal gain. She is currently, alongside Mubarak and his sons Alaa and Gamal (who are both in Cairo's Tora prison) in Sharm El Sheik on house arrest, unable to leave the country, and with their assets frozen.


Suzanne looking flash 

Suzanne had reportedly suffered from a heart attack after a 3 hour interrogation on Friday, however the Associated Press news agency said that she was now in stable condition after treatment for a "panic attack".
She has effectively been detained in the hospital pending further investigation of corruption allegations, officials said on Saturday - this will be for 15 days. 


However, it has been reported today that the former first lady returned a villa in the Egyptian capital, Cairo, and transferred the power of attorney on Monday for authorities to withdraw up to $3.4m held in two of her bank accounts, Egyptian state news agency MENA said. Reports say this has occurred due to her imminent detention and questioning. So will money buy her out of detention and essential questioning by the current administration? I sincerely hope not, because that was the way of the old regime, the old way of Egypt, if Egypt is to start again, with higher morals then overriding the detention would be a serious step backwards and would alleviate the much needed questioning with the Mubarak regime.


In spite of my worries, Suzanne who had be going between hospital and $6 million villa in Sharm, will now be moved to detention in Cairo. 


The Mubarak family wealth is reported to total billions of dollars, including a villa in the Red Sea resort town of Sharm el-Sheikh, estimated to be worth over $36m (Al Jazeera), although many reports have totalled it to the heights of billions. The family has numerous bank accounts in foreign and local currencies, luxury apartments and villas, and valuable land holdings, a report by a financial oversight body said. 



1 comment:

  1. I have been following this closely, it's clear that she was living in her own World for years, I mean come on, she is the one who stated that sexual harrassment was not an issue in Egypt!

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