A governmental committee tasked with appraising the monetary assets of the Muslim Brotherhood filed a legal suit to the general prosecutor on Thursday against 737 members of the Brotherhood on charges of financing a terrorist organisation.

The head of the committee, Ezzat Khamis, told Reuters affiliated Aswat Masriya that he has provided the prosecutor with legal papers showing the involvement of leading members Khairat El-Shater, Mohamed El-Beltagy, Essam El-Erian and the Supreme Guide Mohamed Badie in funding the organisation.

Prosecutors will investigate the suit according to article 86 of the Egyptian penal code, which defines terrorism and the penalties for engaging in it.

The committee met Egypt's Prime Minister Ibrahim Mehlab on Tuesday to discuss its latest decisions concerning Brotherhood assets.

During the meeting, the panel said that it has seized the funds of 737 Brotherhood leaders in addition to placing the management of 1,050 NGOs and some 81 schools believed to be affiliated with the group into a government trusteeship.

The Brotherhood was banned by a court ruling in September of last year, two months after the ouster of Islamist president Mohamed Morsi. Two legal actions and a challenge have been filed against the ruling, which remains unresolved.