Spain blocks former Egyptian president’s assets

LAST UPDATED: 30 Dec, 2012 @ 09:22
Spain blocks former Egyptian president’s assets

SPANISH police have seized seven properties in Marbella as part of an international investigation against former Egyptian president Hosni Mubarak.

The homes are part of €28 million of assets to be blocked in Spain, which also includes €18 million in investments in Spanish banks, two properties in Madrid and five luxury cars.

The seizure was carried out following a petition by the Egyptian government to block the assets of 130 people linked to the despot.

The 84-year-old, who ruled Egypt for three decades is serving a life sentence for failing to prevent the death of hundreds of protesters during 2013 Arab Spring uprising last year.