Babylon & Beyond

Observations from Iraq, Iran,
Israel, the Arab world and beyond

« Previous Post | Babylon & Beyond Home | Next Post »

EGYPT: Former First Lady Suzanne Mubarak turns over property, funds

May 17, 2011 |  5:51 am

Former Egyptian First Lady Suzanne Mubarak turned over property and funds to the state Monday, a move designed to settle corruption allegations against her, officials said.

Mubarak, 70, and her husband, former President Hosni Mubarak, 83, have faced questions about their finances as part of a government corruption probe. Some estimates put their wealth in the tens of billions of dollars.

By giving up the property and cash, Mubarak could see the charges against her dropped under Egyptian law.

She was hospitalized this week following an order to detain her over allegations that she took advantage of her husband's position to enrich herself.

Her husband also is being treated at the same hospital near their villa in the Red Sea resort town of Sharm el-Sheikh. He is under detention in connection with an investigation into his financial dealings and allegations that he ordered a violent crackdown on anti-government protesters.


Timeline: Revolution in Egypt

-- Molly Hennessy-Fiske in Cairo

Photo: Former President Hosni Mubarak and wife Suzanne attend a reception at the presidential palace in India on Nov. 18, 2008. Credit: B Mathur / Reuters