Transparency International wants to reopen case into Mubarak assets

Although the European Council decided to unfreeze the assets of the Egypt’s former President Hosni Mubarak’s family on 12 March, the NGO Transparency International is pushing to reopen the case.

In France, can the preliminary investigation opened in 2011 against the Mubarak clan for organised money laundering and corruption yield anything? Transparency International France, a civil party in this case, wants to reopen the investigation.

The European Council’s decision is no gift to the Egyptian people who, with each year that passes, are less likely to recover the $70bn allegedly embezzled by the Mubarak clan during his reign – and which has been scattered throughout the world.

Read more in the piece written by Alexandre Brutelle in The Africa Report (EN) and Jeune Afrique (FR).