Asset Recovery Watch

ARW-77
Hosni Mubarak (various jurisdictions)
Egypt
President (1981-2011)
Various, unnamed jurisdictions
Asset Location / Alleged Asset Location
2011
Ongoing
Art.17
Case in Investigatory/Asset Restraint Stage
MLAT
Not Identified
Ongoing Case
Ongoing
Investigation/Asset Tracing/Asset Restraint
Unspecified
Ongoing
NA

According to the note verbale dated 7 October 2011 from the Permanent Mission of Egypt to the United Nations (Vienna) addressed to the United Nations Office on Drugs and Crime, Corruption and Economic Crime Branch, "Given the large number of cases reported to the Prosecutor-General’s office in the aftermath of Egypt’s 25 January 2011 revolution, the office has opened an investigation into thousands of reports against officials in the former regime for obtaining financial gain from corruption for themselves or others. A large number of those officials have been brought to stand criminal trial, notably the former Head of State, his two sons and many former ministers. Because of the complex ties those persons had and the great power they wielded by virtue of their former prominent public functions, they were able to transfer vast sums of money gained from crimes of corruption out of the country, which impeded its development. The Prosecutor-General’s office thus promptly submitted requests for mutual legal assistance to various countries of the world, based on the provisions of the Convention, enquiring whether the said indicted persons had transferred funds and, if so, requesting the freezing and seizure of those funds and their return to Egypt. However, many substantive and procedural difficulties have been encountered in executing those requests, inter alia, those described [in the note verbale and accompanying annex.]" (Source: Note verbale dated 7 October 2011 from the Permanent Mission of Egypt to the United Nations (Vienna) addressed to the United Nations Office on Drugs and Crime, Corruption and Economic Crime Branch, Submitted to the United Nations Conference of the States Parties to the United Nations Convention against Corruption.)

According to the New York Times and other sources, in May 2014, Mr. Mubarak was convicted on charge of embezzlement and sentenced to three years' imprisonment. (Source:  David Kirkpatrick, "Mubarak Gets 3 Years for Embezzlement, and His Sons Get 4," New York Times, May 21, 2014.)

Prosecutor-General's Office
Prosecutor-General's Office
Cairo Appeals Court
Unspecified
Unspecified
Unspecified