ISSN 2330-717X

Swiss notified of Mubarak regime assets

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The Swiss government says it has been notified that leading figures in Egypt’s former regime have assets stashed in Switzerland, says the AP news agency.

A week ago the Swiss authorities asked Swiss banks to search for and block any assets that might belong to former Egyptian President Hosni Mubarak, who stood down the same day after 30 years in power, as well as to ten members of his family and entourage.

At the time the government said there was no confirmation that such assets actually existed, even though they have been widely reported.

Switzerland
Switzerland

Foreign ministry spokesman Lars Knuchel told AP on Thursday that “it is too early to provide further information such as the amounts or the nature of the assets”.

On Wednesday this week the new rulers in Egypt submitted a request to Switzerland for legal assistance.

Meanwhile, Egyptian pro-democracy leaders have been urging followers to celebrate one week since Mubarak’s fall with a march through the capital, Cairo, on Friday.

SwissInfo

SwissInfo

swissinfo is an enterprise of the Swiss Broadcasting Corporation (SBC). Its role is to inform Swiss living abroad about events in their homeland and to raise awareness of Switzerland in other countries. swissinfo achieves this through its nine-language internet news and information platform.

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