CAIRO: Authorities in Egypt have valued the wealth of former dictator Hosni Mubarak, his wife and their two sons at nine billion Egyptian pounds or $1.2 billion, the state prosecutor said yesterday.
It is the first time that an official source has given a figure for the Mubaraks’ wealth, the subject of speculation since a popular uprising in February 2011 toppled the regime.
“Reports from the Administrative Surveillance Authority, the Illicit Gains Authority and the Central Accounts Authority (three bodies responsible for monitoring public institutions) proved” the family had nine billion Egyptian pounds, said Mahmud Al Hefnawy, a representative of the state prosecutor.
The personal wealth of the wives of Alaa and Gamal Mubarak, Heidi Rassekh and Khadiga Al Gamal, was also included in the figure.
The sum is made up of the “value of their assets in cash and in shares in companies in Egypt”, Hefnawy said in comments published by the official MENA
news agency. AFP
