Swiss to reconsider stolen funds assistance to Egypt after elections

Switzerland has said it will maintain a freeze on 700 million Swiss Francs belonging to former President Hosni Mubarak until Egypt's parliamentary elections conclude late June.

A spokesperson for Switzerland's Federal Office of Justice said in statements in Bern on Monday that the office, assisted by the Foreign Ministry, will assess the situation in Egypt after elections before it resumes providing legal assistance to recover the funds.

The spokesperson said Switzerland will keep in force a December criminal court verdict canceling an earlier decision to grant Egypt unrestrained access to files related to Mubarak's assets.

Edited translation from MENA

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