Britain to contact Egypt over Mubarak's frozen assets

Britain to contact Egypt over Mubarak's frozen assets

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Thu, 17/05/2012 - 17:36

British Ministry of Foreign Affairs spokesperson Rosemary Davis said that London is contacting Egyptian authorities regarding the Mubarak family’s frozen assets in England.

Britain supports the choices of the Arab countries, based on principals of democracy and respect for human rights, Davis said on the sidelines of a meeting in Jordan with a number of British diplomats in the Middle East.

Egypt has been trying to repatriate money siphoned overseas by former President Mubarak, his family and former officials in his regime. Egypt has not been able to recover any of the money, but many countries have expressed their willingness to assist with this matter and have frozen the assets of the ousted president and his aides.

Assem al-Gohary, head of Egypt's Illicit Gains Authority who also heads a judicial committee tasked with the retrieval of smuggled money, revealed mid-April that Egypt had filed a lawsuit against the British treasury to obligate it to cooperate with Cairo in recovery of frozen assets in England.

A Swiss court issued an un-appealable verdict Saturday to include Egypt as one of the plaintiffs in a case a Swiss criminal court is pursuing over Mubarak and nine of his aids smuggling money illegally.

Edited translation from Al-Masry Al-Youm