facebook
twitter
rss
account
search
search

Law to aid Egypt in asset recovery

Jan. 11, 2013 at 4:42 PM   |   Comments

CAIRO, Jan. 11 (UPI) -- A law has been proposed in Egypt to expedite recovery of assets sent out of the country during the Mubarak regime, a source at Egypt's justice ministry said.

The ministry source told the English-language Egyptian news site Ahram Online the new law will allow investigations to be carried out in a "more efficient and professional way," adding "The Illicit Gains Department has been trying to issue the law since August 2011."

The final draft of the law has been submitted to Prime Minister Hisham Qandil's Cabinet.

The Illegal Gains Department is investigating a number of criminal cases against former members of the regime, including former President Hosni Mubarak, but hasn't recovered any assets from abroad, Aram Online said.

© 2013 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
Who is the 'Woman in Black' roaming U.S. highways?
2
Oklahoma shook by three earthquakes in less than 48 hours
3
Army receives first advanced CH-47F helicopter variant
4
One cop issued 80 percent of the marijuana tickets in Seattle this year
5
Comic-Con cosplayer sexually assaulted, beaten and left in gutter
Trending News
Video
x
Feedback