Between “confining Brotherhood funds” and “financing terrorism” … Who is Saif Safwan Thabet? (report)

Last night, Saturday, the security services arrested Saif, son of the imprisoned businessman, Safwan Thabet, chairman of the Juhayna board of directors, who succeeds his father in his management, and charged the businessman’s son with the same charges They were attributed to his father, namely, “financing terrorism” and “supporting him with money”, and the involvement of “a group constituted in contravention of the law”.

Referring to the file from previous years, specifically at the end of August 2015, the Brotherhood Inventory and Fund Management Committee issued a decision to seize the funds of Father Safwan Ahmed Thabet, Chairman of the Board of Directors of Juhayna Food Industries, as The committee announced during a press conference at the Ministry of Justice that the decision included reserving Safwan Thabet’s personal, movable and immovable funds without reservation to Juhayna.

Between “financing terrorism” and “seizing Brotherhood money,” his son Saif Safwan Thabet faces new charges. Who?

1. On March 30, 1981, Saif El Din Safwan Thabet was born.

2. His full name is Seif Al-Din Ahmed Thabet Al-Sumairi Al-Juhani.

3. The “Thabit” family originates from Arab Juhaina city, which is affiliated with the Shebin al-Qanater Center in Qalyubia governorate.

4. Graduated from the Faculty of Mass Communication of the University of Modern Sciences and Arts, Ciudad 6 de Octubre, where he studied Mass Communication and Media.

5. He held the position of treasurer in the Board of «Food Export».

6. Appointed to the Board of Directors of Juhayna Food Industries Company in 2006.

7. For 2016, he was appointed Vice President and Managing Director of Juhayna.

8. He held various positions in the company, including Director of Operations, Director of Human Resources, Director of Sales and Marketing and Director of the Juhayna Factory.

9. On December 2, 2020, he succeeded his father, Safwan Thabet, as head of the Juhayna company, after his reservation, and had all the necessary powers to run the company.

10. He was accused of financing terrorism and supporting him with money, these are the charges against his father, and his detention was renewed for 15 days pending investigations.

Regarding the details of the accusation, the investigating authorities ordered the defendants in Case 865 of 2020 to limit the security of a supreme state, several crimes that included their commission of crimes to violate the security of the homeland and undermine its economic foundations , and that they agreed with the leaders of the Hermandad organization who fled out of the country, to hold several meetings, during which they agreed to develop a plan to seek ways and alternatives to financially preserve the organization’s sources of financing.

This is in addition to the accusation of damaging the country’s national economy by accumulating foreign exchange, smuggling it out of the country and working to escalate the instability of the dollar exchange rate, to abort the efforts made by the State to achieve the economic stability that seek the homeland.

“The company will receive any information about the reasons for the reservation.” .. “Juhayna” from Egyptian Food Industries said Sunday that Saif Safwan Thabet, CEO of the company, was detained pending investigations.

He added, in a statement published today, Sunday, according to “Reuters”, that the arrest of Safwan Thabet is “pending investigations into personal matters in which the company has no participation”, and Juhaina’s participation in the Stock Exchange of Egypt slumped 17 percent in the first minute of today’s trading.

A government-created judicial committee issued a decision in 2015 to seize Safwan Thabet’s money and property due to his alleged links to the Muslim Brotherhood, banned in Egypt.