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European Court of Justice Cancels Freezing Mubarak's Funds


Sat 05 Dec 2020 | 11:49 AM
Omnia Ahmed

European Court of Justice canceled, Friday, the penalties imposed on the Former Egyptian President Hosni Mubarak and his family members regarding freezing their funds.

European Court of Justice

“The Council of the European Union was unable to ascertain that the sanctions imposed on Mubarak and his family were on a solid basis,” according to the court.

 

Hosni Mubarak and his family

In 2018, the General Court of the European Union, Luxembourg, upheld decisions to freeze Mubarak’s property in EU, based on the ruling issued in Egypt in 2016; however, Mubarak’s lawyer and his family appealed the ruling.

Court of Appeal announced, last November, the approval of ending the effect of the decision to prevent the behavior issued against the family of the former President, demanding the Central Bank to implement the necessary banking and legal measures in this regard.

Mubarak and his two sons

In 2016, Cairo Criminal Court sentenced Mubarak and his two sons to 3 years in prison, due to charges of corruption and appropriating millions of funds from financial allocations for presidential palaces.

Mubarak and his two sons