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Subhi Nakhnokh Offers Asset Review in Appeal

Subhi Nakhnokh Offers Asset Review in Appeal

The article discusses Sabry Nakhnokh's grievance before the Cairo Criminal Court against the Public Prosecutor's decision to seize his assets and prohibit him from disposing of them. The accusations include hooliganism, possession of weapons, and exerting control through force, in addition to a case related to money laundering and antiquities. During the session, Nakhnokh confirmed his readiness to have his sources of income examined by a specialized committee, stating that he has investments valued at 600 million Egyptian pounds and has held a commercial registry since 1984. He also clarified that the sources of his wealth are well known. The decision was made based on investigations tracking his financial gains and surveillance reports that confirmed his use of methods to conceal his criminal activities, along with measures to freeze the assets of the accused, their wives, and children.

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