The Illicit Gains Authority (IGA) will this week receive investigative reports from the Administrative Control Authority and the Public Funds Prosecution on the wealth of ousted president Hosni Mubarak and his family in preparation for summoning them for testimony, judicial sources have said.
According to judicial sources, Mubarak’s end-of-service and financial clearance statements have been examined and attached to the reports submitted to the IGA.
His sons Alaa and Gamal have not submitted clearance statements and are expected to be referred for trial within days, according to sources.
The Mubarak family is accused of illegal acquisition of wealth through abuse of power.
Their wealth is in the billions and some of it is kept in offshore accounts. The Mubaraks hold LE250 million (about US$42 million) at the National Bank of Egypt‘s Heliopolis branch alone.
Alaa has 10 accounts in different banks, Gamal has eight, and Hosni Mubarak's wife Suzanne has six, besides the Alexandria Library bank account which holds US$145 million. The family had secret bank accounts in Egypt. Most of the money which Alaa has at the National Bank of Egypt — more than LE100 million — was obtained through brokerage and the blackmail of investors, it is alleged.
Translated from the Arabic Edition.