Swiss freeze possible Mubarak assets

No word on the amount of money involved, but ABC has been reporting that the former Egyptian president has as much as $70 billion. The Swiss government has also frozen the assets belonging to Tunisia's former president Zine al-Abidine Ben Ali, ousted by popular protests. By the way, Mubarak's family is said to own properties in London, Paris, Madrid, Dubai, Washington, New York and Frankfurt. (Reuters)


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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