Financial assets to the family of Mubarak in the banks of Israel http://www.islamtimes.org/vdcexf8z7jh87ei.1kbj.html

The issue of seizure of public funds in Israel, which took place in 2011 revealed the existence of assets for the former Egyptian President Hosni Mubarak and his family and a number of his symbols in Israeli banks, according to the Egyptian newspaper Rose El Youssef...The Israeli Attorney General issued a ban on publishing this issue of accusation of the Israeli financial advisor Natanial Sharon, who works as a consultant in the Bank of Israel to the giant financial portfolio management, and giving financial advice to the owners of such portfolios.

The court accused him of conducting 700 imaginary financial balances on the accounts of Mubarak’s family, which led to achieve a profit for him estimated at 350 thousand shekels during the month of February 2011. The reason for conducting these operations was that he got from the family an official permission, documented in Egypt and the Israeli Foreign ministry to allow him to take decisions in performing financial operations to the portfolio of the family of former Egyptian president and several of the symbols of his regime who are currently in Tora prison.Interestingly, the Israeli financial advisor has conducted the financial operations normally after the fall of Mubarak was confirmed, and after he had stepped down on 12 February.

He conducted the operations on the $ 60 million shekels from the balances of Mubarak, which are more than one billion shekels. This means he treated about $21 million of the total balance, and made a profit through speculation on securities of $ 40 million shekels. Against the backdrop of these developments, the surveillance of financial transactions in the Bank of Israel noticed that the owners of this business are in a situation in which they are not allowed to speculate. This raised doubts and uncertainties about in this speculation that took place.An investigation was opened into the incident which revealed that Ntaúal Sharon, adviser to the Israeli Central Bank illegally dealt on balances of Mubarak and was arrested. In addition, the arrested adviser revealed all financial transactions to the family of former Egyptian President Hosni Mubarak.