facebook
twitter
rss
account
search
search
 

Swiss investigating Mubarak son

Oct. 18, 2011 at 8:20 AM   |   Comments

| License Photo
CAIRO, Oct. 18 (UPI) -- The son of ousted Egyptian President Hosni Mubarak is being investigated by Swiss authorities for possible money laundering, an Egyptian official said.

Assistant Justice Minister Assem al-Gohary told the Middle East News Agency Alaa Mubarak is among three Egyptians suspected of forming a criminal gang to launder money.

Gohary is head of a judiciary committee charged with restoring smuggled Egyptian funds.

He said Monday a Swiss law firm has been hired to represent the Egyptian government as a party in the money laundering investigation.

Also being investigated are former Egyptian Tourism Minister Zoheir Garana and businessman Yassin Mansour.

Gohary said the judiciary committee has learned Alaa and Gamal Mubarak have $340 million in Swiss banks, $300 million of which belongs to Alaa.

© 2011 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Jessica Arrendale dies shielding daughter from boyfriend with gun Jessica Arrendale dies shielding daughter from boyfriend with gun
2
Reeva Steenkamp's mother: Pistorius should 'pay' Reeva Steenkamp's mother: Pistorius should 'pay'
3
Michael Brown's memorial on fire under mysterious circumstances Michael Brown's memorial on fire under mysterious circumstances
4
Gazprom: Hungary ready for South Stream Gazprom: Hungary ready for South Stream
5
Caitlyn Kovacs' death likely 'alcohol-related,' prosecutor says Caitlyn Kovacs' death likely 'alcohol-related,' prosecutor says
Trending News
Video
x
Feedback