Egypt’s Attorney General calls for freezing terrorists’ money abroad

CAIRO – 22 February 2019: Egypt’s Attorney General Nabil Sadek has called for freezing terrorist entities’ assets abroad..

In his speech at the Conference of Prosecutors-General of Middle East and North Africa in Cairo on Thursday, Sadek added that the state should use the international security agreements with other countries to help freeze the terrorists’ assets and to curb the terror entities’ activities.

The Egyptian Attorney General stressed on the importance of exchanging information exchange between countries regarding terrorists and their financing sources.
He also called for conducting new legislative amendments to the applicable laws in order to facilitate freeze of terrorists’ assets.

On Wednesday, Sadek said that Egypt’s prosecutors have a great experience of combating the organized and terrorist crimes, adding that terror acts are the most serious violations of international peace and human rights.

During his participation in the two-day conference, Sadek added that Egypt has been keen on fighting terrorism and its funding and money laundering at the national and international levels since early of the 20th Century. Therefore, he continued, Egypt has joined many international agreements on fighting terrorism and outlined a national strategy for fighting it.

He reviewed challenges to counter-terrorism and combating money laundering, warning of the cyber terrorism. “Terrorist groups had developed their methods via using modern technology for spreading and implementing their terrorist ideology,” he said.