Swiss officials accuse Egypt’s Suzanne Mubarak of money laundering, withdrew money after uprising


Former Egyptian first lady Suzanne Mubarak is accused of money laundering and other financial corruption accusations by the Swiss General Prosecutor, who said she withdrew $191 million from the Women for Peace Foundation she started in Geneva after the ousting of her family’s regime last February.

The Swiss federal investigators are currently looking into the financial violations committed by Mubarak and her deputy Aliya Bedary, who resides in Switzerland, and found money laundering and tax evasion estimated to be some $962 million in total, which has led the Swiss government to freeze the money, which was initially deposited under Mubarak’s name.

The $962 million was the sum of regional and international donations she received to start the organization that the Swiss authorities have now frozen as well as stopped their activities and reclaimed their offices.

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