Spain confiscates Hussein Salem’s money

Fri, 17/06/2011 - 14:00

Spanish police arrested Egyptian businessman Hussein Salem late last week on charges of money laundering. The Spanish authorities published pictures and a video of the confiscation of €32.5 million found in his villa in Spain. In a press statement, Spanish police said they were aware that he is wanted by Egypt on issues related to ousted president Hosni Mubarak, but they had not received an extradition request. They went on to say that they had begun investigations into Salem’s financial crimes prior to Cairo’s decision to prosecute him.

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