Mubarak family worth hundreds of millions, not billions, investigators say

Mubarak family worth hundreds of millions, not billions, investigators say

Bradley Hope in The National, on a government report on Mubarak's wealth:

The report, a copy of which has been obtained by The National, reveals that Mubarak and his family have cash deposits of some US$300 million, as well as additional funds, properties and company stakes of undetermined value.

The only assets held specifically in the ex-president's name are a villa in the Red Sea resort of Sharm El Sheikh - number 211 located on 15,640 square metres of land - and a third-floor apartment located in the Mediterranean coast city of Marsa Matrouh.

Mubarak and his wife Suzanne also have unspecified amounts of "liquid funds" in accounts in the National Bank of Egypt, says the five-page report, dated October 16, 2011. The former first lady also has an account in the Paris-based bank, Societe Generale.

Read the whole thing, it's full of details. The total amount of funds believed to be stashed abroad by the Mubarak family and his aides: $1.2bn.

Hope also has a full list of Mubarak family assets here.