The answer was during Morsi’s inauguration: why did the leaders take over the Brotherhood’s businesses?

Since the arrest of Mahmoud Ezzat, the Fraternity’s acting mentor, in what has been called the “precious hunt” operation in Egypt at the end of August, and the papers and documents found in his possession, a large part of the companies and funds of the Brotherhood, the financial organization plan, the companies of the group and their investments in Egypt and abroad.

The important information that emerged from these papers and documents was that most of the group’s businesses and investments were in the name of its executives and the names of other unknown figures, and it later became clear that they belonged to the group. , but were sleeper cells and no doubt poured their income into them. They are not monitored by the Egyptian security services, including the names of women, housewives, teachers, doctors, engineers and other personalities whom no one knew, including their relatives, who ‘they were affiliated with the Brotherhood.

The deposed President of the Brotherhood Mohamed Morsi and the leaders of the Brotherhood are on his side

To demonstrate, for example, what was revealed by information obtained by the security services after Ezzat’s arrest, that the group attributed a small percentage of the shares of its companies to the name of Taha Muhammad Al-Saeed Abdul-Azim Joudeh, an unknown 49-year-old owner of a company called “Al-Rawda”. For ironwork and painting, “and it turned out that he owns a luxurious villa which he bought on his own account on his share of the group’s money in the Second District of the Fifth Colony, at the east of Cairo, and he has a residence at Estate No. 23, Sheikh Muhammad Al-Nadi Street in Nasr City, east of Cairo.

It was also found that there were actions in the names of a professor of the Faculty of Engineering of Al-Azhar University and his wife residing in a modest apartment in sand brick buildings in Nasr. City, and in a short time they bought a luxury villa in the Narges buildings in the Fifth Colony area east of Cairo, and a share in the name of Faris Samir Ahmed Awad, born in 1972. In the village of Taha Shubra, in the town of Quesna, in the governorate of Menoufia, it was found that he was in charge of transferring money to the group’s account.

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And it has been proven that the group allotted a share in the name of Saber Ibrahim Fahim, and by researching him, it turned out that he works as an agricultural engineer and runs a furniture company for the group in the Maadi region. , although his original residence is in Damietta Governorate, and after taking over the management of the company, he chose another residence for himself in Ibn El Nil Street in Maadi, south of Cairo. .

It was also found that there are other classes on behalf of women and girls, some of which indicate that they actually belong to the organization, such as Hana Hassan Saad Al-Tabbakh, who is 45 years old and works as teacher and resides in the town of Sadat in the governorate of Menoufia, and Asma Ahmed Mansour Hilal also works as a teacher and resides on a farm belonging to the village of Amlijom in Shebin. Menoufia Governorate, Raja Ashour Sulaiman Ghanem works as a teacher and resides in the city of Sars Al-Layyan, in the governorate of Monufia, Amina Abdel Rahman Al-Saeed Al-Sayed is 61 years old and resides in Mit Khaqan in the governorate of Menoufia , and Fatima Al-Sayed Al-Sawy Kishk resides in the suburbs of Port-Qabouti. And Latif Al-Rifai Subuh, who lives in Al-Zuhour Port Said, is 46, and Jihan Muhammad Tawfiq Al-Roudi, who lives in Al-Qabouti Port Said, is 53, out of work.

But why did the band do this? Why risk your money and restrict the actions of its companies and investments on behalf of its leaders and on behalf of its members? So was this a guarantee of their loyalty and the ease of getting money back from them? Despite what happened to the heirs of Jumah Amin, the former deputy guide, when his sons refused after his death in 2015 to relinquish their father’s part in the “Madinah Schools” group of Alexandria, which in fact belongs to to the group and its revenues, estimated at £ 50 million, as well as its share in a publishing house called “Al-Da`wa” “In Alexandria, the group tried to settle the matter at the amicably, and top management negotiated to persuade the children to give up, to no avail.

Political researcher Ahmed Al-Bakri responds to this and says the group has been forced to restrict its businesses and investments to the names of its executives and the names of others affiliated with it, in order to avoid a recurrence of its major crisis. in the sixties, which is the crisis in which the group and its funds suffered a major and devastating blow in what has been called the 1965 crisis, when the late President Gamal Abdel Nasser The arrest of all the leaders of the group and the confiscation of his property and money, which was expressed by the President of the Muslim Brotherhood Mohamed Morsi during his inauguration as president in 2012 in front of his supporters in Tahrir Square, saying: “I don’t know what the sixties are ”.

Al-Bakri added to Al-Arabiya.net that before this crisis, the Brotherhood had large investments which were confiscated by the Egyptian state, and the group believed that he had made a mistake in this, and that his List and his registration of these companies in the name of the organization made it easier for the state to confiscate them, indicating that since that date he has returned. The group rebuilt its companies and investments and restricted them to the names of personalities and elements affiliated with it, but it was not monitored by security, and after the Brotherhood returned to work in the years seventies, the group intensified its economic activity and built its current financial empire.

The political researcher says that the auditor of the companies created by the Brotherhood and its activities can discover several facts, including the fact that the group relied on companies that allow it quick gains and easy to liquidate profits by the following, in addition that he never sought to create productive enterprises based on manufacturing or On huge infrastructure, adding that the group, under the reign of the late President Anwar Sadat, worked to benefit from the openness economic, create companies and trade agencies, import and sell goods from him, and did not establish production or industrial projects, and he aimed to liquidate these companies at any time and when they felt in danger. Confiscation, ease and speed of profit and gain and no opportunity to lose.