Switzerland freezes assets that may belong to ex President Mubarak

Friday, February 11th 2011 - 21:02 UTC

Full article 15 comments

Switzerland has frozen assets that may belong to Hosni Mubarak, who stepped down on Friday as president of Egypt after 30 years of rule, the foreign ministry said. Read full article

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Think
And...........................................
What about London freezing assets that may belong to ex President Mubarak?
Feb 11th, 2011 - 09:11 pm - Link - Report abuse 0
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arquero
And........................................
What about British Off Shore Islands freezing assets that
may belong to ex President Mubarak ?
Feb 11th, 2011 - 09:29 pm - Link - Report abuse 0
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Think
And...........................................
What about London looking at the trillion dollars assets that may belong to the Al Saud familie?
Hypocrisy anybody?
Feb 11th, 2011 - 09:53 pm - Link - Report abuse 0
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briton
he does also have assets in other parts of the world,
perhaps all these counties should freeze them
would that not be fairer
Feb 11th, 2011 - 10:30 pm - Link - Report abuse 0
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xbarilox
“Switzerland freezes assets that may belong to ex President Cristina de Kirchner”
Mubarak's out for good! ما شاء الله
http://www.ikhwanonline.com/Article.aspx?artid=78999&secid=230
Feb 11th, 2011 - 10:40 pm - Link - Report abuse 0
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Marcos Alejandro
I saw Cameron speech, soon after Mubarak got his rear end kicked out of office, he looked so scare, I wonder why. I am sure that British banks will folow the example of Switzerland, I don't think they will like to look like “pirates”...again.
Feb 11th, 2011 - 10:51 pm - Link - Report abuse 0
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zethe
It's pretty hard to be a government and not at sea and look like a pirate.

Infact, it's impossible. Learn the definition of the word.
Feb 11th, 2011 - 11:16 pm - Link - Report abuse 0
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Redhoyt
Hang on, hang on ... premature ejactulation from Think and Co yet again!

Mubarak has not fled the country, but appears to have gone on holiday.

Mubarak has not handed over to a democratic organisation, but to the army!

When Egypt complains formally about any of Mubarak's assetts that it thinks may belong to the country, then I'm sure that all the countries that have such cash will consider what they can do. That may include Argentina?

While the army is in charge, I seriously doubt that Egypt will be making such a complaint. Switzerland has got in a bit early which may mean-

a) it has most of Mubarak's cash and is embarrassed by the size of it, or

b) it has hardly any of Mubarak's cash and is making a political point as it is so often in the firing line over it's banking policies.

Is PE a big problem in Argentina?
Feb 12th, 2011 - 02:03 am - Link - Report abuse 0
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Marcos Alejandro
Surprise?
“The British Guardian newspaper cites Middle Eastern sources placing the wealth of Mubarak and his family at somewhere between $40 billion and $70 billion”
“Other Mubarak funds are reportedly sitting in British banks”

http://finance.yahoo.com/news/How-Hosni-Mubarak-Got-Filthy-usnews-3723955512.html?x=0
Feb 12th, 2011 - 05:48 am - Link - Report abuse 0
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Redhoyt
“ ... Argentina has done so poorly in confronting money laundering and terrorism financing that it risks becoming the first G-20 nation on a blacklist of countries where financial transactions represent a high risk of criminal activity ...”

http://www.panow.com/node/26054

People in glass houses ... MoreCrap!
Feb 12th, 2011 - 06:08 am - Link - Report abuse 0
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Marcos Alejandro
“Sudan's President Omar al-Bashir siphoned up to $9bn out of his impoverished country, according to the latest Wikileaks revelations. Diplomats quoted the chief prosecutor of the International Criminal Court as saying that much of the money may be stashed in London banks.”

http://www.politicshome.com/uk/story/12334/www.talkcarswell.com/show.aspx?id=1788

Hypocrisy Hoyt?
Feb 12th, 2011 - 06:26 am - Link - Report abuse 0
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yul
#1..#2..#3..#9..

Mubarak ( not Barak O.) has -- 55 billion US $-- assets in mainly British+British Offshore+Swiss+Luxembourg banks.
but these money have not adopted by Mubarak directly own ..
indirectly owned by Middle East Countries elites who are diplomaed
from -- Stradfor Schools-- in UK..
Feb 12th, 2011 - 10:27 am - Link - Report abuse 0
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briton
well if there are any in british banks, then they have lost it in bonuses .
Feb 12th, 2011 - 07:30 pm - Link - Report abuse 0
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xbarilox
@ 10 Redhoyt, where in the article is Argentina's name? Only in your head! You need a holiday.

As usual, the UK home for dictators and war criminals, they accept all kinds, but of course, with money.
Feb 12th, 2011 - 10:06 pm - Link - Report abuse 0
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Redhoyt
MoreCrap & Exbrain - Argentina is quite efficient at money laundering so it occurred that Argentina may be the place to stash some cash.

Now ... where in the article is Britain's name?
Feb 13th, 2011 - 01:07 am - Link - Report abuse 0
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