The Administrative Court rejected on Tuesday Juhayna Chairman Safwan Thabet’s appeal against the government’s freeze on his assets, which was put in place back in 2014, Al Borsa reports. A Cairo Criminal Court had placed Thabet and hundreds others on a list of designated terrorists in January for their alleged affiliation with or support for the Ikhwan. In the appeal, the veteran business leader denied ever belonging to the now-banned group, claiming that his “familial ties to former Ikhwan leader Hassan El Houdaiby do not mean he belongs to the Ikhwan.”