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Egypt Court Upholds Decision to Confiscate Muslim Brotherhood Leaders’ Funds

Egypt Court Upholds Decision to Confiscate Muslim Brotherhood Leaders’ Funds

Friday, 14 September, 2018 - 09:15
A demonstrator holds an anti-Muslim Brotherhood showing ousted Islamist Egyptian President, Mohammed Morsi, center, and other Brotherhood leaders, in an eastern suburb of Cairo, Egypt, Saturday, Feb. 1, 2014. (AP Photo/Ahmed Omar)
Cairo- Waleed Abdurrahman
The Cairo Court of Urgent Matters upheld on Thursday an Egyptian judicial committee decision to confiscate assets of 1,589 of Muslim Brotherhood leaders on top of them: former president Mohammed Morsi, head of the Brotherhood Mohammed Badie, deputy leader of the Brotherhood Khairat Al-Shater, Mahmoud Ezzat, Mohamed Beltagy, Safwat Hegazi, and others.

Also, the funds of 1,133 charities are to be frozen, in addition to some 118 companies, 104 schools, 39 hospitals, and 62 websites and satellite channels.

The Muslim Brotherhood was outlawed and designated a terrorist organization in Egypt in December 2013, months after ousting Morsi.

Egyptian President Abdel Fattah el-Sisi ratified law no. 22 of 2018 in April to organize procedures of confiscating, limiting, managing and taking action with the funds of terrorist groups and members.

In July, Sisi issued a decision to mandate a number of judges and courts heads to work in Egypt’s judicial Inventory, Seizure and Management Committee of Muslim Brotherhood Funds.

In a statement three days ago, the committee claimed it had accurate evidence that Brotherhood leaders planned to renew the organization’s financial resources.

Suspects were assured that they have the right to appeal the decision within eight days at the Cairo Court for Urgent Matters and that the court may decide on the grievance within 30 days of its filing.

Meanwhile, Cairo Criminal Court decided on Thursday to retrial Morsi and 23 other members and leaders of Muslim Brotherhood – the Public Prosecution launched against them accusations of communicating with foreign organizations, for the sake of conducting terrorist acts inside the county, funding terrorism and undermining the country’s independence and unity.

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