Skip to main content

Egypt targets businessmen over alleged ties to Brotherhood

Egyptian authorities stepped up their crackdown against the Muslim Brotherhood, this time arresting a number of businessmen they accuse of funding the group’s activities.

GettyImages-1140248190.jpg
Egyptian Judge Mohammed Fahmy (R) arrives to announce the verdict in the case of Muslim Brotherhood businessman Hassan Malek (not seen in the picture) during the final session of his trial in Cairo on April 30, 2019. The Islamist businessman, accused of harming the national economy through his business activities by depriving the market of foreign currency, was sentenced to life, which is equivalent to 25 years in prison. — MOHAMED EL-SHAHED/AFP via Getty Images

CAIRO — Amid the ongoing dispute between authorities and the Muslim Brotherhood in Egypt, the security services launched a massive campaign aimed at arresting top businessmen in the country “for their involvement in supporting and financing the group’s activities in Egypt to strike the national economy and destabilize the country,” as per the results of an investigation conducted by the Public Prosecution released on Dec. 7.

On Dec. 5, the Public Prosecution ordered the arrest of businessman Safwan Thabet, executive chairman of the board of directors of Juhayna, the leading producer of dairy and bottled juices in Egypt, for a period of 15 days pending investigation on charges of joining and financing the Muslim Brotherhood.

Subscribe for unlimited access

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more

$14 monthly or $100 annually ($8.33/month)
OR

Continue reading this article for free

All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more.

By signing up, you agree to Al-Monitor’s Terms and Conditions and Privacy Policy. Already have an account? Log in