An EU court has rejected a bid by Egypt’s former president Hosni Mubarak to lift a freeze on his assets in Europe which followed his ousting in the 2011 revolution.
EU member countries imposed the sanctions on Mubarak and his family in March 2011 based on lawsuits filed against them in Egypt for alleged embezzlement of state funds. After those countries – grouped in the European Council – renewed the sanctions in 2017 and 2018, Mubarak asked the EU’s General Court to annul them.
In a judgment, the General Court dismissed the action and upheld the Council’s 2017 and 2018 decisions to renew the freezing of assets.
The court said the renewal decisions forms part of a policy of support for the Egyptian authorities that is based, in particular, on objectives of consolidation of and support for democracy, the rule of law, human rights and the principles of international law.
