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Hosni Mubarak's family wealth valued at HK$9.9b

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Hosni Mubarak

Authorities in Egypt have valued the wealth of former dictator Hosni Mubarak, his wife and their two sons at nine billion Egyptian pounds (HK$9.94 billion), the state prosecutor said.

It is the first time that an official source has given a figure for the Mubaraks' wealth, the subject of speculation since a popular uprising in February 2011 toppled the regime.

"Reports from the administrative surveillance authority, the illicit gains authority and the central accounts authority [responsible for monitoring public institutions] proved" the family had the fortune, Mahmud al-Hefnawy, a representative of the state prosecutor, said.

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The personal wealth of the wives of Alaa and Gamal Mubarak, Heidi Rassekh and Khadiga al-Gamal, was also included in the figure which was said to be held in cash, shares and property.

Mubarak, 85, and his two sons are being held in a prison south of Cairo.

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Mubarak was last year sentenced to life in prison for corruption and in connection with the murder of demonstrators during the revolution, but he is being retried on appeal.

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