Sunday 14 July 2013

Egypt 'freezes assets' of Muslim Brotherhood leaders


Egyptian Islamic leader Mohamed Badie in Khartoum, November 15, 2012 The Brotherhood's Mohammed Badie is among those reported to have had their assets frozen
Egypt's public prosecutor has frozen the assets of 14 Islamist leaders, according to judicial sources.
The Muslim Brotherhood head Mohammed Badie and his deputy Khairat al-Shater are reported to be among them.
Mr Badie and other Brotherhood figures are already the subject of arrest warrants, while the ousted President Mohammed Morsi remains in custody.
On Sunday, army chief Abdel Fattah al-Sisi defended the decision to remove him from power.
In a speech, he said he had urged the Islamist president to hold a referendum on his rule days before he was overthrown. "The response was total rejection," he added.
Gen al-Sisi said no group would be barred from politics: "Every political force... must realise that an opportunity is available for everyone in political life and no ideological movement is prevented from participating."

Egypt's transition timeline

  • Panel formed within 15 days to review constitution
  • Constitutional amendments to be finalised and put to referendum in four months
  • Parliamentary elections to be held by early 2014
  • Presidential elections to be called once new parliament convenes
A temporary government is tasked with leading the country under an army-backed "road map" to restore civilian rule.
New cabinet The decision by Egypt's public prosecutor Hisham Barakat to freeze the assets of senior Islamists comes amid an ongoing investigation into deadly clashes that have happened since President Morsi was ousted.
Dozens of people have died during major demonstrations by pro- and anti-Morsi protesters in the past two weeks.
According to Egypt's state-run Channel 1 TV, the leader of the Brotherhood's Freedom and Justice Party Mohammed Saad al-Katani has also been affected by the asset freeze, along with senior figures in rival Islamist groups.
In the meantime, Egypt's new interim Prime Minister Hazem al-Beblawi has begun appointing people to senior cabinet posts.
Ahmed Galal, a liberal economist with a doctorate from Boston University, is to be finance minister. Nabil Fahmy, a former ambassador to the US, was named foreign minister.
Mr Morsi's supporters, many of them members of the Muslim Brotherhood, have been staging a mass sit-in Cairo since their man was removed from power on 3 July.
They are demanding his reinstatement as president and say the military's removal of him amounted to a coup.
The army says it intervened to remove Mr Morsi in response to protests by millions of Egyptians who accused him of becoming increasingly authoritarian and failing to tackle economic difficulties.

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