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Egyptian Gov’t Freezes Assets of 28 MB Leaders

In another major blow to the Muslim Brotherhood and Egyptian economy, the Prosecutor General issued an order to freeze the assets of more than 29 members of the MB, including, Khayrat el Shater, Youssef Nada, Hassan Malek, Abdel Rahman Saudi, Dr. Khaled Ouda, Medhat el Haddad, and Dr. Essam Hashish, all are leading society figures or prominent businessmen who run a number of successful companies and invest hundreds of millions of dollars into Egypt’s economy.

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In another major blow to the Muslim Brotherhood and Egyptian economy, the Prosecutor General issued an order to freeze the assets of more than 29 members of the MB, including, Khayrat el Shater, Youssef Nada, Hassan Malek, Abdel Rahman Saudi, Dr. Khaled Ouda, Medhat el Haddad, and Dr. Essam Hashish, all are leading society figures or prominent businessmen who run a number of successful companies and invest hundreds of millions of dollars into Egypt’s economy. The decision applies to bank accounts, cash, and all properties or companies owned by the 29 detainees or their families. The court will review the case on January 30 and will issue its ruling whether or not to uphold the Prosecutor General’s decision.

The Muslim Brotherhood condemned the decision, which it considered unjustified and extremely harsh and will harm the country’s struggling economy. The Muslim Brotherhood  complained that its detainees are respected and patriotic citizens including university professors, talented scientists and successful businessmen who have not committed any crimes and are only being tried because of their political background

Dr. Mohamed Habib, MB First Deputy Chairman, stated that these companies although owned by individuals affiliated with the Muslim Brotherhood, but are completely independent and are not connected with any of the Muslim Brotherhood’s activities. He warned that such actions by the Egyptian government would have a negative impact on investments, which in turn will hurt the economy and raise the unemployment rate. Dr. Habib denied that the decision to freeze assets of MB members and shut down their companies will cripple the group’s activities “The Muslim Brotherhood activities are financed by its members through their personal contributions and do not rely on companies or businesses because we know that the government will resort to such actions anytime as it did in the past”

The Prosecutor General charged the defendants of belonging to an illegal organization-Muslim Brotherhood- and the attempt to revive its activities. Among the charges also is forming an underground militia, similar to those in Palestine and Iraq, to undermine the regime; referring to the handful of students who participated in an artistic show at al Azhar University wearing masks and performing martial arts.

It is widely expected that the MB members currently in custody will be eventually referred to military tribunal as it did several times in the past using emergency laws, which the government mainly apply against political opponents primarily the Muslim Brotherhood.

Full list of MB detainees government ordered their assets frozen
 
1-Khayrat el Shatter
2-Mohamed Ali Bishr
3-Medhat el Haddad
4-Essam Hashish
5-Khaled Ouda
6-Amir Bassam
7-Youssef Nada
8-Hassan Malek
9-Mohamed Hafez
10-Ahmed Shosha
11-Asaad el Shikha
12-Ahmed Abdel el Wareth
13-Sadek al Sharkawy
14-Hassan Zalat
15-Fareed Galbat
16-Gamal Shaaban
17-Mohamed Kora
18-Yasser Abdu
19-Abdel Rahman Saudi
20-Osama Abdalla
21-Saied Abdu
22-Mohamed Abdel Gawad
23-Ahmed el Nahass
24-Dayaa Farahat
25-Fathi el Kholy
26-Ali Mahmoud
27-Youssef Tawfeek
28-Ahmed Abdel Atti