By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
DailynewsegyptDailynewsegypt
  • Home
  • Business
    BusinessShow More
    Opinion| Will the BRICS group give a lifeline to the Global South against the dominance of the US dollar?
    Opinion| Will the BRICS group give a lifeline to the Global South against the dominance of the US dollar?
    June 8, 2023
    AUR Capital concludes second securitized bond issuance of EGP 1.124bn 
    AUR Capital concludes second securitized bond issuance of EGP 1.124bn 
    June 8, 2023
    Matouk Bassiouny & Hennawy consults on more than 18 deals currently: Founding partner
    Matouk Bassiouny & Hennawy consults on more than 18 deals currently: Founding partner
    June 8, 2023
    Egypt’s petrochemicals exports surge 23% to $8.629bn in 2022
    Egypt’s petrochemicals exports surge 23% to $8.629bn in 2022
    June 8, 2023
    Trade exchange between Egypt, COMESA countries increases to $5.3bn in 2022: CAPMAS
    Trade exchange between Egypt, COMESA countries increases to $5.3bn in 2022: CAPMAS
    June 8, 2023
  • Politics
    PoliticsShow More
    Opinion| The suspension of Russia's participation in the START Treaty portends an imminent nuclear war
    Opinion| The suspension of Russia’s participation in the START Treaty portends an imminent nuclear war
    June 8, 2023
    Israel's neglect of Palestinian issue threatens regional, global security: Palestinian Foreign Ministry
    Israel’s neglect of Palestinian issue threatens regional, global security: Palestinian Foreign Ministry
    June 8, 2023
    Renewed clashes erupt in Sudan’s Omdurman, Khartoum
    Renewed clashes erupt in Sudan’s Omdurman, Khartoum
    June 8, 2023
    Abdel Ghaffar highlights Egypt’s government achievements in health sector during Africa Health ExCon
    Abdel Ghaffar highlights Egypt’s government achievements in health sector during Africa Health ExCon 
    June 8, 2023
    A legally binding agreement must be reached on GERD: Al-Sisi
    A legally binding agreement must be reached on GERD: Al-Sisi
    June 8, 2023
  • Interviews
    InterviewsShow More
    EFG Finance to launch unified platform gathering all its financing services: Alaa Al-Afifi
    EFG Finance to launch unified platform gathering all its financing services: Alaa Al-Afifi
    May 31, 2023
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    I changed my artistic path to create ‘state of wonder’: Tarek Lotfi
    May 25, 2023
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    I adore Ramadan drama, ‘Telt Al-Talata’ series achieved great success: Ghada Abdel Razek
    May 8, 2023
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    We aim to establish Egypt as nearshore centre for Software AG for MET region: Rami Kichli
    April 29, 2023
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    Egypt-Spain relations witness remarkable development in recent years: Spanish ambassador in Cairo
    April 18, 2023
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Reading: Administrative Court suspends government freeze to Abu Trika’s assets
Share
Notification
Latest News
Egyptian drama and cinema industry: challenges and solutions
Egyptian drama and cinema industry: challenges and solutions
Cinema Culture
Opinion| The suspension of Russia's participation in the START Treaty portends an imminent nuclear war
Opinion| The suspension of Russia’s participation in the START Treaty portends an imminent nuclear war
Opinion Politics
Opinion| Will the BRICS group give a lifeline to the Global South against the dominance of the US dollar?
Opinion| Will the BRICS group give a lifeline to the Global South against the dominance of the US dollar?
Opinion Business
AI outperforms standard risk model for predicting breast cancer
AI outperforms standard risk model for predicting breast cancer
Science
AUR Capital concludes second securitized bond issuance of EGP 1.124bn 
AUR Capital concludes second securitized bond issuance of EGP 1.124bn 
Business
Aa
Aa
DailynewsegyptDailynewsegypt
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle
Have an existing account? Sign In
Follow US
  • Advertise
© 2023 DNE News. All Rights Reserved.
Dailynewsegypt > Blog > Egypt > Administrative Court suspends government freeze to Abu Trika’s assets
EgyptPolitics

Administrative Court suspends government freeze to Abu Trika’s assets

Daily News Egypt
Last updated: 2016/06/21 at 5:10 PM
By Daily News Egypt 2 Min Read
Share
SHARE

The Administrative Court decided to cancel the hold imposed by the government on the well-known footballer Mohamed Abu Trika’s financial assets on Tuesday morning, according to state-run newspaper Akhbar Al-Youm.

Abu Trika’s lawyer, Mohamed Osman, said that the verdict issued from the Administrative Court to cancel the hold imposed on Abu Trika’s financial assets is “final” and “enforceable”, noting that any appeal to suspend the verdict will prove useless according to the law and the Constitution, reported Akhbar Al-Youm.

The verdict requires the committee formulated by the government and authorised to freeze the Muslim Brotherhood’s leading figures’ financial assets to cancel any censorship or reservation imposed on Abu Trika’s assets, Osman clarified.

In May 2015, Abu Trika’s assets were frozen after the aforementioned committee announced the confiscation of properties belonging to the tourism company, Asshab Tours, which the former Al-Ahly and national team player has shares in. The committee followed the decision by announcing that all of the player’s bank accounts have been frozen.

In a statement, the committee added that the manager of the tourism company was a Brotherhood member, and was detained pending a trial, where he was accused of committing “hostile acts against the state”.

The statement added that the aforementioned manager used company funds to finance “terrorist attacks”. It further mentioned that the decision to seize the company is in compliance with a court decree demanding the confiscation of the company’s properties and the assets of its owners.

The player, who is known for his religious conservatism and has been regularly accused of Brotherhood affiliation, had appealed the decision, and the committee stated it would review the appeal.

The government committee, formed in October 2013 by the Ministry of Justice, has frozen the assets of hundreds of Brotherhood members, NGOs, and companies affiliated to the group that took power in Egypt for a year.

 

You Might Also Like

Opinion| The suspension of Russia’s participation in the START Treaty portends an imminent nuclear war

Israel’s neglect of Palestinian issue threatens regional, global security: Palestinian Foreign Ministry

Renewed clashes erupt in Sudan’s Omdurman, Khartoum

Narrative PR Summit 2023 to include international expert Ben Elliott 

Abdel Ghaffar highlights Egypt’s government achievements in health sector during Africa Health ExCon 

TAGGED: abu trika, Assets, bank accounts, committee, company, Daily News Egypt, DNE, freeze, MInistry of Justice, Muslim Brotherhood, property, Secretary General
Share this Article
Facebook Twitter Email Print
Previous Article Confusion, caution marks official reaction to court’s quashing of demarcation deal
Next Article Calls for immediate release of ‘Red Sea islands’ detainees
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ad image
Ad image

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

Egyptian drama and cinema industry: challenges and solutions
Egyptian drama and cinema industry: challenges and solutions
Cinema Culture
Opinion| The suspension of Russia's participation in the START Treaty portends an imminent nuclear war
Opinion| The suspension of Russia’s participation in the START Treaty portends an imminent nuclear war
Opinion Politics
Opinion| Will the BRICS group give a lifeline to the Global South against the dominance of the US dollar?
Opinion| Will the BRICS group give a lifeline to the Global South against the dominance of the US dollar?
Opinion Business
AI outperforms standard risk model for predicting breast cancer
AI outperforms standard risk model for predicting breast cancer
Science
//
Egypt’s only independent daily newspaper in English. Discuss the country’s latest with the paper’s reporters, editors, and other readers.

Quick Link

  • Home
  • Business
  • Politics
  • Interviews
  • Culture
  • Opinion
  • Sports
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

© 2023 DNE News. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?