مصادر ربع طن الذهب المُسلم للبنك المركزي: تفاصيل جديدة من النيابة

In a significant move, the Public Prosecution has decided to transform all confiscated gold and precious metals, along with state lands and assets, into valuable contributions to the Egyptian economy. This initiative aims to convert these seized items into monetary resources that can benefit the national financial framework.

The confiscated items comprise substantial quantities of gold, precious metals, along with vehicles and funds that have been frozen through final judicial rulings. The Public Prosecution has issued directives to auction off more than 199,000 cars and vehicles deemed unfit for use, contributing to the clearance of impounded vehicles in the 15 May area and facilitating the return of land to the state for productive purposes.

Public Prosecutor Mohamed Shawki announced that 265 kilograms of the confiscated gold and precious metals, accumulated through investigations over several years, have been refined into high-purity gold bullion. This bullion has been handed over to the Central Bank of Egypt, enhancing the country’s gold reserves significantly.

Furthermore, the collaboration between the Public Prosecution and the Central Bank has resulted in adding 44 million dollars to the state’s reserve assets, as part of finalizing the suspended account file. This addition strengthens the financial stability of the country and its capacity to address economic challenges.

Shawki detailed the main features of a national project aimed at supporting the Egyptian economy. He highlighted that the Public Prosecution took the initiative, following directives from political leadership, to assess dormant valuable items held by various inspection authorities for decades. It further studied the most effective economic strategies for dealing with these assets to maximize the benefit for the public treasury.

He explained that the Public Prosecution proposed to the Cabinet that a significant portion of these confiscated assets be transformed into high-purity gold bullion and handed over to the Central Bank. This proposal was approved and executed within an integrated institutional framework involving the Assay and Weights Authority, the Ministry of Finance, and the Central Bank of Egypt.