by Zoe Pollock
Hunter Walker has the 411 on all of Mubarak's palaces. Money quote:
Abdeen Palace includes museums dedicated to silverware, gifts received by President Mubarak, and weaponry including a pistol once owned by Italian fascist Benito Mussolini. ... One room in the Presidential gifts museum contains a portrait of Mubarak surrounded by weapons given to the President. Saddam Hussein contributed a gold-plated AK-47 to the collection.
What happens to the loot now? EA updates on Mubarak's coffers:
1727 GMT: A Foreign Ministry spokesman says the Swiss government has frozen potential Mubarak assets in the country.
The Guardian relays what the blanket injunction to freeze his assets really means:
This is the usual procedure in such cases, and has also been the procedure for Tunisia earlier this year: Besides decreeing that all accounts etc belonging to Hosni Mubarak and his family plus certain ex-ministers are immediately blocked, it also mandates banks to report to the federal administration whether they hold any accounts in the name of Hosni Mubarak etc.
Thus, it's a preventive "blanket injunction" aimed at any and all accounts of Mubarak et al, if there are any. It does not really serve to confirm whether Mubarak actually has any money in Switzerland or not, it could well be that actually no accounts will found to fall within the remit of the injunction.
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