Egypt seizes funds of 1,589 alleged Muslim Brotherhood leaders, supporters


Egypt’s judicial Inventory, Seizure and Management Committee of Muslim Brotherhood Funds has ordered the seizure of 1,589 alleged Muslim Brotherhood members and supporters, 118 companies of different activities, 1,133 Non-Governmental Organizations, 104 schools, 69 hospitals, and 33 websites and TV networks.

The seized money and assets, including those of ousted ex-President Mohamed Morsi, have been all transferred to the state’s Public Treasury.

In a statement on Tuesday, the committee claimed it had accurate evidence that Brotherhood leaders planned to renew the organization’s financial resources.

This allegedly included smuggling foreign currencies in order “to damage the national economy” and “undermine development plans”. According to the committee, the Brotherhood assigned a number of its affiliates to smuggle foreign funds through companies affiliated to the group members and supporters.

Further, investigations reportedly found that Brotherhood leaders within Egypt coordinated with fugitive militants abroad, to provide monthly logistical and financial support for armed groups; the committee claimed these groups to include Hassm (the “Movement of Egypt’s Forearms”) and Lewaa al-Thawra (“The Revolution Brigade”).

Egyptians whose funds were seized include the now-detained Morsi, Muslim Brotherhood Supreme Guide Mohamed Badei, footballer Mahmoud Ezzat, businessmen Hassan Malik and Abdel Rahman Seoudi, former MP Mohamed al-Beltagy, former Parliament Speaker Mohamed Saad al-Katatny, Ossmam Yassin, Safwat Hegazy, Khairat al-Shater and others.

A judicial source from the committee stated the confiscation of the funds of those involved in terrorism came in accordance with Article 11 of Law No. 22, 2018.

Suspects were assured that they have the right to appeal the decision within eight days at the Cairo Court for Urgent Matters, and that the court may decide on the grievance within 30 days of its filing.


Edited translation from Al-Masry Al-Youm.

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