Egypt : Shafik's funds and assets are frozen
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Egypt : Shafik's funds and assets are frozen

Cairo : Egypt | Oct 21, 2012 at 12:34 PM PDT
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Shafiq has been living abroad in the United Arab Emirates since narrowly losing the first post-Mubarak elections

Authority of graft, headed by Judge Yahya Jalal,Egyptian Assistant Minister of Justice decided to prevent Ahmed Shafik, the losing candidate in the presidential elections of Egypt, and his three daughters from disposing of their liquid money , and put them on the list of anticipation and access, for receiving a graft and inflation wealth not commensurate with sources entering to his possessions , according to the Egyptian media, Sunday.

The inspection authority and graft investigation have received inquiries and public funds showing them on Shafiq and his family owning to the wealth of real estate and huge financial, obtained illegally, which is for 11 Villa on the Lakes, and 4 chalets in the same area, and Villa in a compound , two apartments in Hurghada, as well as stocks and bonds in the stock exchange, companies, citing the Egyptian newspaper "The Seventh Day"

The inspection body and graft decided to investigate to prevent Shafik from disposing of his assets and money liquid or transmitted, as well as stocks and bonds in the stock exchange and companies.

In Al-Ahram's Arabic-language news website, Shafiq announced that, as a candidate in Egypt's recent presidential elections, "my financial situation was revised and no wrongdoing was discovered by that time .

Shafiq is now in the United Arab Emirates, which he went to after the announcement of the final results of the runoff in the Egyptian presidential election, losing to Muslim Brotherhood candidate, Mohamed Morsi, last June.

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Fury60 is based in Cairo, Kairo, Egypt, and is a Reporter on Allvoices.
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