A panel from the Justice Ministry has so far frozen the assets and confiscated property belonging to 1,345 Muslim Brotherhood members, including 103 schools run by the group.
Ezzat Khamis, the panel’s chairman, said in a press conference at the Justice Ministry on Thursday that the confiscations include all kinds of financial, real estate and mobile assets.
It said the supervision over the sequestered schools had been transferred to the Education Ministry.
Since the ouster of former president Mohamed Morsi in 2013, Egyptian authorities have embarked on a scheme to freeze the assets of several Muslim Brotherhood leaders and to confiscate their businesses, schools NGOs and hospitals as means to dry up the financial resources of the group which the government had branded as a terrorist organization.
The government accuses the Brotherhood of backing and masterminding several bloody attacks against police and army forces since the ouster of former Egyptian president and group leader Mohamed Morsi in 2013.
Edited translation from Al-Masry Al-Youm