Saturday, February 12, 2011

Where next for Hosni Mubarak? Wealth and fears of prosecution will dictate future

Former ruler insists on staying in homeland but charges of corruption and human rights abuses may force relocation

Richard Wachman and Ian Black
guardian.co.uk, Friday 11 February 2011

".......But exploratory discussions involving the Saudis, the US and the UAE have reportedly taken place about him moving to Dubai. One important issue is immunity from any prosecution he might face on charges of crimes against humanity after 300 deaths and documented abuses by the security forces.

According to the London-based paper al-Quds al-Arabi, revelations about the Mubarak family fortune and possible legal action over that are also a factor in planning for a post-presidential future.

Experts have estimated that the Mubaraks could be worth £43.5bn, with much of the wealth from investment deals in British and Swiss banks or tied up in upmarket real estate in London, New York, Los Angeles and expensive tracts of the Red Sea coast......"

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