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From: Berhane Habtemariam (Berhane.Habtemariam@gmx.de)
Date: Thu Apr 28 2011 - 13:53:24 EDT
If A Partner In Crime Is Prosecuted, What AboutThe Principal Swindler!?
Tuesday, 26 April 2011 12:16 | Written by Shabait Admin |
Media outlets have lately been taking center stage with money laundering at
issue that former Egyptian President, Hosni Mubarak, is due to be indicted
for corruption during his tenure as president.
Media outlets have lately been taking center stage with money laundering at
issue that former Egyptian President, Hosni Mubarak, is due to be indicted
for corruption during his tenure as president.
According to Bloomberg, the sum total of money Mubarak embezzled is $70
billion.
Indeed, this aggregate does not take account of corruption, illegal
business, money laundering, as well as extra billions of dollars hoarded by
way of his two sons, and the amount of money his wife, First Lady Suzanne
Mubarak, treasured while chairing tens of philanthropic organizations.
If a landlord is scoundrel, it is inevitable that other members of the house
would emulate larceny. And so, in Egypt a gross corruption transaction takes
place in every 90 seconds. Despite the improvised stage show has played out
this part, what it lacks in its story line is a major portion; if a partner
in crime is prosecuted, what about the principal swindler!?
Where did Hosni Mubarak get this huge sum total of money from? What was the
role of international agencies and the supposedly philanthropic but
malignant organizations? Who helped him misappropriate, funnel away and
launder in billions? How big were plundered deposits western banks used to
save periodically? How much did the US, a country that was in the habit of
an avowal for granting annually $2.4 billion to Egypt, donate and salt away?
If Mubarak has embezzled $70 billion over the past three decades, it means
he has been funneling away a sum total of more than $2 billion per annum.
How come?
Did he squirrel away the money through unfettered luggage? What was the role
of well over 100 civic societies operating under the chairwomanship of First
Lady Suzanne Mubarak? What does civic society mean in the fi rst
place? What is it established for and who are the members? What is the
mandate of civic societies such as Search for Common Ground, World Faith
Development (as if there is an emerging faith on the horizon), World Vision,
Center for Women Health and Development, Center for International Peace
Movement, centers for or of interaction, children, landmine survivors, lean
management, democratization, gender and leadership, youth and so on? What is
the role of the government in which these civic societies assume the
aforementioned responsibilities?
First Lady Suzanne Mubarak, for instance, was presiding over 100
organizations and civic societies. In spite of the fact that some of these
titular organizations were practically nonexistent, so-called benefactors–
including major international agencies and charity organizations–were the
stockholders of the stolen stakes behind the scenes. This same First Lady
was also in charge of civic societies for and/or of Women Leaders Council,
Tomorrow’s Youth Organization, National Council for Childhood and
Motherhood, Development Culture Palace, Integrated Care Society, quality
life for citizens–while becoming hunchback on fellow citizens–perpetual
development, global peace etc. Western governments, as a token of
allegiance, have awarded her UNESCO’s high accolade–Avicenne Medal–Prize of
Tolerance from the European Academy of Sciences and Arts, the American World
Book Association for Publication Award, as well as Honorary Doctorate from
Iowa University.
The worst aspect of such acts of embezzlement by First Lady Suzanne Mubarak,
other than the larceny itself, is but the lesson it impresses upon
apprentice fraudsters such as First Ladies Khadra Mohammed of Djibouti and
Azeb Mesfi n of Ethiopia respectively. The Egyptian population, but Africans
at large, ought to ask a naïve question: where is the source of all this
money and how did it bank? Who was drawing a veil over such “operations” of
embezzlement? What was the role western fi nancial institutions played at
channeling the capital from Egypt to the banks? It is now reported that
these bank accounts will be frozen. What does freezing exactly mean and who
assumes responsibility in doing so? Who knows the precise amount? What about
the assets to the tune of millions of dollars? Who squirreled away the
frozen fortunes Mobutu Sese Seko, General Ibrahim Babangida, Bokassa and
others had amassed? Will European leaders and ministers
that were invited, awarded and relished luxurious offers with Mubarak’s
family treasure face trial along with him? Questions that need to be raised
are on a par with the embezzled billions of dollars.
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