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July 1, 2022

Mubarak sons have USD 340 M in Swiss banks

The two sons of deposed Egyptian President Hosni Mubarak have USD 340 M in Swiss bank accounts, says Egypt’s deputy justice minister, according to the BBC. Assem al-Gohari, who also heads the Illicit Gains Authority, said most of the funds – which are now frozen – were held by Mubarak’s elder son Alaa. The balance is reportedly held by his younger son, Gamal Mubarak. Both sons are standing trial on corruption charges and complicity in the killing of protesters. Their father is also charged with killing the protesters, who were campaigning in January and February this year to depose him after three decades in power.

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