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Wednesday, 23 August 2017

Ikhwan’s frozen assets show the magnitude of the group’s economic empire

Ikhwan’s frozen assets show the magnitude of the group’s economic empire: The amount of cases the Ikhwan asset-freeze committee has had to process since 2013 gives us a more tangible idea of the vastness of the outlawed group’s economic empire, Hassan Abou Taleb writes for El Watan. With this wealth under the group’s belt — which Abou Taleb likens to a mafia — it’s no wonder the Ikhwan were able to thrive and draw in more followers over the years, he says.

The asset free in numbers: By its own count, the committee has frozen accounts of some 1,400 individuals (EGP 154.8 mn), 1,120 civil society organizations (EGP 283.3 mn), and 120 schools (EGP 21 mn), according to Al Masry Al Youm

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