SCAF orders judicial investigation of allegations about Mubarak's fortune

Ahram Online, Tuesday 5 Apr 2011

Judicial committee will investigate allegations about the family's wealth

The Supreme Council of the Armed Forces has ordered the formation of a judicial committee, headed by Judge Mohamed Assem El-Gohary, to look into the published allegations about the Mubarak family's fortune and their illegal possession of real estate and accounts abroad.

The committee will have the authority to take necessary action to freeze any illegitimately gained assets and prohibit Hosni Mubarak or any other member of his family from gaining access to them.   

The allegations were intiially based on estimates of the Mubaraks' fortune from a report by the British newspaper The Guardian, which published a story saying that the Mubarak family fortune was between $40 billion and $70 billion.

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