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Sunday, 13 February 2011

Telegraph: Mubarak used last 18 days to secure his fortune

by Chris in Paris 

Isn't that what most politicians do during their time in office? For Mubarak, he only had to speed up the process before heading out for retirement. After all, the chances of signing big consulting contracts with banks and foreign governments are limited. The Telegraph:
On Friday night Swiss authorities announced they were freezing any assets Mubarak and his family may hold in the country's banks while pressure was growing for the UK to do the same. Mr Mubarak has strong connections to London and it is thought many millions of pounds are stashed in the UK.

But a senior Western intelligence source claimed that Mubarak had begun moving his fortune in recent weeks.

"We're aware of some urgent conversations within the Mubarak family about how to save these assets," said the source, "And we think their financial advisers have moved some of the money around. If he had real money in Zurich, it may be gone by now."
 http://www.americablog.com/2011/02/telegraph-mubarak-used-last-18-days-to.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+Americablog+(AMERICAblog)

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