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Spain blocks former Egyptian president’s assets

PUBLISHED: December 30, 2012 at 9:22 am  •  LAST EDITED: December 30, 2012 at 9:22 am
Andalucia, Lead2, Malaga, National News  •  3 Comments

Spain blocks former Egyptian president’s assets

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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.

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Reader Comments »


January 1st, 2013 1:33 am

Lovely jubbly for the Spanish exchequer…


October 11th, 2013 10:21 am

I wonder where that money will go?


October 11th, 2013 1:17 pm

It’s gone :(

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