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From: Berhane Habtemariam (Berhane.Habtemariam@gmx.de)
Date: Sun Aug 07 2011 - 05:29:12 EDT
If a Partner in Crime is Prosecuted, What About the Principal Swsindler!?
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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
household 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 first 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 Mesfin 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 financial 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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