CAIRO, April 17 (UPI) -- Leaders of Egypt's ousted ruling party said Sunday they would fight a court decision disbanding it and nationalizing its assets.
The Supreme Administrative Court Saturday ordered the National Democratic Party dissolved for corruption, rigging elections and monopolizing politics under former President Hosni Mubarak. The judges also declared NDP assets, such as bank accounts and offices, property of the state.
On Sunday, Mubarak was transferred from his retreat in Sharm el-Sheik to a military hospital near Cairo. His sons are in prison, along with many NDP leaders.
"This is a political decision," Magdi Allam, a former MP and party leader, told the Financial Times. "It has not taken place according to the political parties law and we will appeal it in the courts, as well as start the process of forming a new party in parallel."
Last week ago, the NDP said it was reorganizing as the New National Party led by Talaat al-Sadat, a critic of the Mubarak regime and nephew of assassinated president Anwar al-Sadat, who founded the NDP in 1978.
"We are erasing the Mubarak era from our history and going back to Sadat's legacy," Allam said.
