But the Mubarak family itself has reportedly made out handsomely. Estimates of its total wealth reach $80 billion. (All these numbers, of course, should be taken with a grain of salt.) ... Due to a recent change in Swiss law, however, if Mubarak has secreted illicit money away in a Swiss bank account, Egyptians just might get some of it back. "I can confirm that Switzerland has frozen possible assets of the former Egyptian president with immediate effect," a foreign ministry spokesperson told Reuters on Friday. ... The change to Swiss law makes it easier for the country to freeze dictators' assets even if their countries are in disarray.
Monday, February 14, 2011
K. McCaffrey --- One of the things that frustrated me during the height of the Egyptian crisis was that Mubarak looked as if he was getting off scot-free after suppressing freedom in Egypt for so many years. I read an article in Slate about how some of his assets would be frozen or seized, but it still didn't seem like enough:
Mubarak's most recent behavior seems to corroborate this. According to the Weekly Standard:
Either way, I sincerely hope Mubarak makes a full recovery. I think it is of the utmost importance that he be tried and imprisoned for perverting the law and will of the Egyptian people for so long. Actions have consequences.--------------------------------------------Follow me on Twitter, Facebook, and YouTubeVisit the Legal Insurrection Shop on CafePress!
Posted by Kathleen M at 2:10 PM