Friday, February 18, 2011

Swiss Find Funds Linked to Mubarak

Swiss officials found potential sums of money of Mosni Mubarak that were frozen. The money is stored in a Swiss bank and officials are not saying whether the funds are directly linked to Mubarak or maybe some of his family and friends. Officials will not say the exact amount but it is thought to be somewhere around several dozen million dollars. After the resignation, Swiss officials ordered banks to freeze all of his assets and those of his family and friends as well. The new military leading the country of Egypt has asked all countries in surrounding areas to freeze assets of the four former ministers, party insider, and their families but nothing of Mubarak's or his family.


http://www.nytimes.com/2011/02/19/world/europe/19swiss.html?_r=1&ref=world

Jessica Connor

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