Spain freezes assets of Mubarak associate

MADRID — Spanish police said Friday they have frozen more than 30 million euros in banks and nine buildings after arresting a close associate of ousted Egyptian president Hosni Mubarak on fraud charges.

By (AFP)

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Published: Fri 17 Jun 2011, 9:07 PM

Last updated: Mon 6 Apr 2015, 10:34 PM

The detainee, arrested along with his son and a suspected frontman, was accused of money laundering, fraud, bribery and corruption, police said in a statement.

Police said they froze suspected illicit gains of 32.5 million euros ($46 million) in bank accounts, two buildings in Madrid and seven in the southern resort of Marbella, a popular destination for wealthy people, worth a total of about 10 million euros, and five luxury cars.

Spanish authorities identified the suspect only by his initials HSF and said he had links to Mubarak.

But in Cairo, an Egyptian security official said Thursday the man was Hussein Salem, accused of corruption in a gas deal and of giving properties to Mubarak and his family in return for huge swathes of land in Sinai.

Spanish police alleged the suspect and his family had received more than 17 million euros in funds he had obtained illegally in Egypt.

Egypt’s prosecutor general’s office said Friday it had sent the foreign ministry a full dossier on the investigation of Hussein Salem.

The file must now be sent to Spanish police before they can hand Saleh over to Egyptian authorities.

The prosecutor general’s office said Salem had “acquired Spanish citizenship despite dual nationality being illegal under Spanish law”.

Magdi al-Shafei, Interpol’s Egyptian bureau chief, was quoted by Egyptian state television as saying Salem’s dual nationality could make it “very complicated” to try him in Egypt.

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