drhalimahali

SWISS BANK HAS FROZEN MUBARAK’S ILL-GOTTEN ASSETS

In Uncategorized on February 12, 2011 at 1:41 pm

ZURICH (Reuters) – Switzerland has frozen assets possibly belonging to Hosni Mubarak (PIC LEFT), who stepped down as president of Egypt Friday after 30 years of rule, a spokesman for the foreign ministry said.

“I can confirm that Switzerland has frozen possible assets of the former Egyptian president with immediate effect,” spokesman Lars Knuchel said, declining to specify how much money was involved.

In recent years, Switzerland has worked hard to improve its image as a haven for ill-gotten assets and has also frozen assets belonging to Tunisia’s former President Zine al-Abidine Ben Ali (PIC RIGHT) as well as those of Ivory Coast’s Laurent Gbagbo.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: