Muslim Brotherhood by the Missing Dollars

The top leaders of the Muslim Brotherhood is found here. And last month, Morsi himself was sentenced to 20 years in Egypt. The United States has gifted Egypt more than $1 billion per year since 1987.

The Muslim Brotherhood, just a few years removed from its political ascendancy, once again finds itself outlawed. Many of its leaders remain imprisoned, including former president Mohamed Morsi. Egyptian authorities have formally designated it as a terrorist organization. The Brotherhood’s political party, the Freedom and Justice Party, has been dissolved by court order. Many former Brotherhood members are in exile, and the Egyptian government has accused the group of fomenting violence, which it denies. According to one article in Foreign Affairs, “The Brotherhood’s stubbornness—even in the face of such severe setbacks—is not particularly surprising. Far from being a ‘moderate’ or ‘pragmatic’ organization, as many optimistic analysts once described it, the Brotherhood is a deeply ideological, closed vanguard.

Egypt’s Muslim Brotherhood has been accused of taking 10 billion Egyptian pounds (U.S. $1.5 billion) from the American government, according to claims by Egyptian lawyers.

An immediate investigation into the accusation was ordered by Prosecutor General Talaat Abdallah on Thursday.

The lawyers, Mohamed Ali Abd al-Wahab and Yasser Mohamed Sayab, filed the complaint against the Muslim Brotherhood for the allegedly illegal money transaction, Egypt’s private daily Al-Masry Al-Youm reported on Jan. 3.

Translated:

The National Coordinating Committee for the recovery of funds and assets of smuggled Egyptian, headed by Justice Minister, Saber archives Monday, regular meeting with Committee members, to operate to speed recovery.
The Committee discussed, during their regular meeting, follow-up to the legal and practical measures for the recovery of funds and assets of contraband for codes and systems Morsi, in coordination and cooperation with the organs concerned, under the rules of the international cooperation on measures and practical steps to recover the funds.

And the Committee on the recovery of funds, membership Advisor Yusuf Osman, Assistant Minister of Justice for graft, and Chairman of the Board of Trustees of the unit for combating money laundering and terrorist financing, and a representative of the international and cultural cooperation at the Ministry of Justice, a representative of the public prosecutor and the Director of the public funds Investigation Department of the Ministry of the Interior, and a representative of the national security agency, and a representative of the Ministry of Foreign Affairs, and a representative of the administrative control authority, a representative of the Central Bank.

Statistical daily spotted  “witness ” Kuwait 17 companies financed terrorist groups in Kuwait, through decades of studies and consulting, and Government contracts and tenders for electronic parts worth 186 million, causing its exposure to losses exceeded 90% of the capital in the past 10 years, because of its focus on the financing of the international regulation of terrorist brotherhood, and personal interests.

These companies suffered losses exceeding 90% of the capital in the last 10 years because of its focus on the financing of the international regulation of terrorist brotherhood–suggests that many of the companies approached the disappearance from the scene, the brotherhood in the financing objectives of the citizens ‘ money to kill innocent people in neighboring States, and that funding for the brothers from Kuwait during the year 2011 amounted to 600 million, and in 2012 the corporate finance 450 million and in 2013 have turned through Turkey More than 350 million dinars.

The statistics confirmed that the 17 companies assets recorded a decline of up to 80% by last year’s financial results, due to loss of funds in the financing of the special interests of the community and those companies with financing terrorist groups by nbfcs, and transfer money through private companies, and a difficult tracking methods.

And companies that financed the Community Government bids and contracts from Kuwait and other neighboring countries, spearheaded by many known and calculated investment blocks, this was not the first case, reiterated these scenarios in Gulf States raised issues and is trapped by the provisions, as well as the companies that went bankrupt, and the 17 companies, Government and capital lost, leaving only the cries of small investors.

And petroleum investments, referring to the loss of investment in renewable energy technology fund, with $ 12 million from 2008 to 2013, 6 million dinars, while the real estate sector has seen successive losses in the same period amounted to 700 million dinars, raising question marks about the evolution of the finance and investment community hidden in many States. ***

 

Posted in Citizens Duty, DOJ, DC and inside the Beltway, Failed foreign policy, government fraud spending collusion, Industry Jobs Oil Economics, Insurgency, Libya Benghazi Muslim Brotherhood murder, Middle East, Terror.

Denise Simon