Swiss receive Egypt request on Mubarak assets

16th February 2011, Comments 0 comments

Switzerland has received a formal request from Cairo concerning the assets of former Egyptian president Hosni Mubarak and "representatives of the former regime," the justice ministry said Tuesday.

"A rogatory commission has been transmitted to us," said Folco Galli, spokesman of the Swiss Justice Ministry.

"It concerns the representatives of the former regime," he added, without giving their names.

Switzerland had taken pre-emptive action to freeze the assets of Mubarak and his entourage on February 11, barely two hours after the former president stepped down.

Twelve people were hit by the move, including Mubarak's immediate family members as well as four ministers.

Galli said that Egypt's request was being examined, and would be executed "if it satisfies formal conditions."

Authorities were unable to reveal the total amount of assets affected.

"Experience shows that we need several weeks before the majority of the assets would be announced," said a foreign ministry spokeswoman Carole Waelti.

© 2011 AFP

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