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Assets of Muslim Brotherhood financiers frozen

Order affects 29 members of Egypt’s most powerful opposition movement

updated 8:29 p.m. ET Feb. 28, 2007

CAIRO, Egypt - A court ordered a freeze Wednesday on the assets of 29 known financiers of the Muslim Brotherhood, Egypt's most powerful opposition movement.

The court upheld a decision by the state prosecutor last year, part of the government's push to undermine the fundamentalist movement financially. The Muslim Brotherhood is banned in Egypt, but it won nearly a fifth of parliamentary seats last year with its candidates running as independents.

About 300 Brotherhood members have been arrested since a December protest that prompted government claims that the movement was taking up arms. Fifty young members appeared at the protest in military-style black uniforms and balaclavas.

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The 29, appearing in an area of the courtroom behind bars, erupted in protest when the decision was announced. About 200 relatives and supporters demonstrated outside.

"This is a dictatorial regime, this is an autocratic regime," shouted Khayrat el-Shater, the group's chief strategist and a main financier.

Others cried, "Oh history, witness this, they have stolen the Brotherhood's money!"

The group also included Hassan Malik, a millionaire businessman patron of the movement, and Mohammed Ali Bishr, the Brotherhood's executive.

40 group members face terror charges
The government has ordered 40 Brotherhood members, including el-Shater, tried before a military court on charges of money laundering and terrorism.

Abdel-Moneim Abdel-Maksoud, a lawyer for the group, called the asset freeze illegal and political.

"This is a message from the government, but it will not affect the Brotherhood's peaceful discourse," he said.

© 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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