Egypt to form committee to 'run Brotherhood funds'

"The committee will include representatives from the ministries of justice, interior, finance, social solidarity and administrative development," a Cabinet statement read.

Egypt to form committee to 'run Brotherhood funds'

World Bulletin / News Desk

The Egyptian government on Wednesday ordered the formation of a government committee charged with managing the funds of the Muslim Brotherhood, the activities of which were outlawed by a court ruling last month.

"The committee will include representatives from the ministries of justice, interior, finance, social solidarity and administrative development," a Cabinet statement read.

The panel will also include representatives of the Central Bank of Egypt, the Homeland Security service, the Egyptian Financial Supervisory Authority and the General Authority For Investment.

All concerned bodies should comply with the committee's demands, the statement asserted.

Last month, Egypt's Court for Urgent Matters ordered "the dissolution of the Muslim Brotherhood Society, the banning of the Muslim Brotherhood group and all affiliated bodies, and the confiscation of all its offices and funds."

The Muslim Brotherhood has denounced the court ruling as "invalid" on grounds that the court that issued it "has no jurisdiction to deal with such cases, which should be heard by an administrative court."

An Egyptian court is expected to hear two challenges against the ruling on October 21 and 22. On October 23, the same court will look into a legal complaint calling for the enforcement of the ruling, according to judicial sources.

The Muslim Brotherhood Society was formally registered as an NGO in March, with former Brotherhood supreme leader Mahdi Akef as chairman. Akef is currently in jail on charges of "inciting violence."

Hundreds of leading figures from both the Brotherhood and its Freedom and Justice Party have been detained on various charges – mostly of "inciting violence" – since the July 3 ouster of elected President Mohamed Morsi by Egypt's formidable military establishment.

Last Mod: 03 Ekim 2013, 09:54
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