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Tuesday, 12 September 2017

Ikhwan asset freeze committee’s decisions granted immunity against appeals

A Cairo criminal court decision has strengthened the power of the committee tasked with seizing Ikhwani assets, Ahram Online reports. The order, which was published on the Official Gazette on Monday, grants the committee’s decisions immunity from appeals. It also brings the committee under the jurisdiction of the head of Cairo Court of Appeals. Last month, the committee froze the accounts of several media companies, including Business News — which publishes Al Borsa and Daily News Egypt — and Alef Bookstore. The committee’s latest tally also showed that it has frozen bank accounts of some 1,400 individuals.

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