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EGYPT

Swiss freeze Mubarak sons’ assets: report

Swiss authorities have frozen €300 million dollars sitting in Credit Suisse accounts in Geneva held by the sons of deposed Egyptian president Hosni Mubarak, the newspaper Le Matin Dimanche reported on Sunday.

Swiss freeze Mubarak sons' assets: report
Alaa (R) and Gamal Mubarak, sons of ousted Egyptian president Hosni Mubarak, stand inside a cage in a courtroom during their verdict hearing in Cairo on June 2nd 2012. Photo: STR/AFP

The funds are held in accounts belonging to Alaa and Gamal Mubarak, sons of the ex-president who are currently being held in an Egyptian prison.

The brothers are accused of using their position as scions of Egypt's longtime ruler to help themselves to villas, luxury cars and stakes in the country's key companies.

According to the newspaper, the funds were deposited at the Credit Suisse in 2005, which was after Switzerland tightened rules governing transactions by politically exposed depositors.

A Credit Suisse spokesman refused comment, citing the bank's secrecy policy.

The paper said Egypt-linked funds had also been frozen at the Swiss office of French banking giant BNP Paribas.

Switzerland has opened a probe targeting 14 people close to the Mubarak regime who are suspected of embezzling public funds and widescale corruption.

Earlier this month, Swiss authorities refused to provide their Egyptian counterparts with access to their findings so far, citing concerns for the "institutional situation" in Cairo.

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EGYPT

UN rights chief alarmed over Egypt clashes

The United Nations human rights chief in Geneva voiced deep concern on Tuesday over the killing of at least 20 people in clashes between demonstrators and security forces in Egypt in recent days.

Zeid Ra'ad Al Hussein: worried by Egypt developments. Photo: UNHRC

UN High Commissioner for Human Rights Zeid Ra'ad Al Hussein said he was "deeply disturbed" by the deaths in clashes that have raged in Egypt since Friday.
   
He demanded in a statement that Cairo "take urgent measures to bring an end to the excessive use of force by security personnel."
   
Zeid's comments came after 20 people were killed Sunday when protesters clashed with security forces after Islamists called for rallies against President Abdel Fattah al-Sisi's government as Egypt marked the fourth anniversary of the toppling of ex-strongman Hosni Mubarak.
   
Supporters of Mubarak's successor, Islamist Mohamed Morsi, have regularly clashed with security forces since he was ousted by then army chief Sisi in July 2013.
   
Sunday's death toll marked the highest for a single day since Sisi came to office after a landslide election victory last May.
   
"Hundreds of people have died during protests against successive governments since January 2011, and there has been very little in the way of accountability," Zeid said.
   
"The lack of justice for past excesses by security forces simply encourages them to continue on the same path," he warned, pointing out that this was "leading to more deaths and injuries, as we have seen in recent days."
   
The statement said that the death of a leading female activist, Shaimaa Al Sabagh, was caught "on video and in photographs posted on the Internet after she had apparently been shot from behind during a peaceful protest in central Cairo."
   
At least 97 people had also reportedly been injured in clashes in a range of cities, including Cairo, the statement said.
   
"I have in the past urged the Egyptian authorities to take urgent measures to ensure that any excessive use of force by security personnel is promptly investigated, alleged perpetrators are put on trial and victims have access to
justice and compensation," Zeid said.
   
He also decried numerous arrests over the weekend.
   
More than 500 backers of Egypt's blacklisted Muslim Brotherhood were also arrested, in the biggest police sweep targeting Morsi's supporters in a single day since Sisi came to power.
   
"All those who have been detained for protesting peacefully must be released," Zeid said, insisting that the long-term stability of Egypt is only possible if fundamental human rights are respected."
   
"Otherwise people's grievances will fester and feelings of injustice will grow, creating fertile ground for further social and political unrest," he warned.