The Court of Justice of the European Union cancels the freezing of funds of Hosni Mubarak and his family in Europe

The Court of Justice of the European Communities has lifted the sanctions imposed on the late Egyptian President Hosni Mubarak and his family members for freezing their funds.

The court held that “the Council of the European Union could not determine that the sanctions imposed on Mubarak and his family were strong,” adding that it “is not satisfied with a signal from the Egyptian authorities.” .

Following this decision, the family of the late Egyptian president will be able to dispose of their money in Europe.

Previously, the General Court of the European Union, Luxembourg, in 2018 upheld decisions to freeze Mubarak’s ownership in the European Union based on the 2016 ruling in Egypt, but Mubarak’s lawyer and his family appealed the ruling.

At the local level, last November, the Court of Appeals announced the approval of ending the effect of the decision to prevent the conduct issued against the family of the deceased president, and demanded that the Central Bank take the necessary banking and legal measures in this regard. .