GENEVA (AP) — The Swiss government on Friday froze any assets belonging to former Egyptian President Hosni Mubarak or his family in Switzerland.Read the rest here.
Foreign Ministry spokesman Lars Knuchel said the order took effect immediately but gave no details on what bank accounts or other assets Mubarak or his family might have in Switzerland.
He spoke as pro-democracy demonstrators in Cairo were jubilantly celebrating the announcement that Mubarak has resigned after nearly three decades of authoritarian rule and handed power over to the military.
"(The government) wants to avoid any risk of misappropriation of state-owned Egyptian assets," the Foreign Ministry said in a statement. It also forbid the sale of any assets, especially real estate holdings.
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