20 September 2012

Egypt: Nation Asks Britain to Return Smuggled Money

The Egyptian delegation at the European headquarters of the United Nations in Genève, Wafaa Baseem, asked Britain to handover Egypt's smuggled money, in commitment to international legal agreements.

In a word to the UN human rights council, Baseem insisted that the recovery of smuggled money is related to the human rights of nations.

Britain considered Egypt's suggestion to it - to form a national mechanism to guarantee the return of businessmen and recovery of smuggled assets to their rightful countries - a breach to the international laws of human rights.

Baseem also asked Britain to commit to international agreements of fighting corruption.

The British government said last week that accelerating the recovery of the frozen assets is in the hands of the Egyptian government, pointing to its offer to send over a British legal expert for assistance.

Last march, the British government froze assets and accounts valued at 85 million sterling pounds (850 million Egyptian pounds) belonging to top Egyptian ex-regime figures.

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