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Secrets of Mubarak / Tantawi Enterprises … “An Insight into the Art of Looting Egypt
Now that the Revolution has been largely mitigated, and any fear of free-speech retribution has been practically expunged out of Egypt’s political lexicon, we should be able to contemplate the grim untold story.Publish Post
Muhammad Haykal and Fahmi Howaydi have chosen to hint without saying it out loud; that, as a result of the Camp David agreement, Egypt is not a sovereign master over its own dominion. They went further by asserting that Egypt's sovereignty was further compromised by the Mubarak’s treasonous wholesale of the nation's independence in order that he might win Israel’s support in his quest for appeasing his masters in the White House to turn a blind eye on the loot and his family's hold on the national seat of power.
Haykal spoke of hidden foreign overlords present on Egyptian land. During the revolution, I posted an article here presenting evidence from the US of the presence of RDF (Rapid Deployment Forces) on Egyptian Soil under the auspices of US Embassy diplomatic credentials.
The only other similar presence of disguised forces of this size and scope can only be found in banana republics and desert Sheikdoms. Those forces are deployed tactically and strategically for mobilization on the ready to assist Israel by disrupting the most sensitive National institutions and utilities in order that they may put the brakes on any event that might undermine the security of Israel, while giving Israel the needed time to mobilize and retake the Sinai. At least, that's what Israel keeps bragging with and taunting Egyptians in the world press.
The 1967 experience, says an Israeli Zionist researcher in the Carnegie Foundation, (a US Zionist-Jew think tank) has given Israel a valuable lesson; that is the Sinai should never be used to stage an attack against Israel ever again; hence, the Camp David agreement made sure that any US Forces on the Sinai must never be removed under any circumstances ... Therefore, it is naive to be led into believing that either Sadat or Mubarak has liberated the Sinai and restored Egyptian sovereignty back to it; Not Totally, and not honorably
Der Spiegel had a lengthy article on the secret group operating in a basement room in the White House which directs the events in Egypt through a 24-hour open Audio-Video Conference on a hot broadband service line. Handlers are available during official business hours on both Time Zones in Egypt and the US.
Der Spiegel claimed that all decisions of the Supreme Military Council regarding Mubarak and the new cabinet had been dispatched to the White House Team for approval before promulgation to the Egyptian Public.
Obama unequivocally pointed out to the Supreme Military Council in an open press conference the steps that his administration expected for the slow and gradual process of an orderly transfer of power so that they could ensure No undesired elements would be able to appear on Egypt’s precarious political theater. This includes the current transitional government and subsequent modification to its structure.
Haykal spoke of a Nation whose institutional laws were custom-tailored to legalize corruption and facilitate the loot of Egypt’s national assets on a scale never seen before. … The degree to which this institutionalized financial Loot raped the nation prompted experts in the Ahram Center for Strategic studies to state that the financial assets alone smuggled out of Egypt to foreign banks were in excess of Double the GDP; that is the equivalent of $1.4 Trillion US Dollars over the past 10 years.
The institutionalized financial rape of the nation took many forms, and I am certain that there is not one Egyptian who doesn’t know how the public sector that was built during the two economic plans of the Nasser’s era, and which had achieved an unprecedented sustained 9% economic growth for the nation while at the same time meeting extremely costly national security challenges on several theaters simultaneously, was dismantled and raped by the regime in what may have been the greatest robbery of national assets in the history of the world.
To ensure this, the regime of the despotic dictator, with the aid of some of the worst legal and administrative charlatans in the country, laid down the plan of the systemic annihilation of Egypt’s entire cadre of competent, Able and Honest men and women who could pose a threat to the severely defective and incompetent political structure.
The most capable of the nation's judges, administrators and managers in whom they saw integrity, competency and honesty were purged systemically, and their positions were filled with the worst and most corrupt elements from among the regime's cronies and parasites.
Administrative laws were devised to legalize the systematic loot of the nation. All political and financial corruption was institutionalized and was written into the law to circumvent the legal problems arising from theft on a grand scale in broad day light.
It was not uncommon to find out that thousands of public sector's holding companies would show massive net losses, yet their top executives would be hording millions upon millions of dollars annually in productivity bonuses without raising any questions what soever. The loot was made legal, and the justifying grounds, regardless of performance or lack of any productivity, were made into law.
The Central Bureau of Accountability had consistently reported massive internal frauds in the public sector resulting from the institutionalized theft by CEO’s, and pointed out to an unsustainable wage policy that had laid bare its ugly face of systemic theft by the higher echelon making the ratio of the highest and lowest wages 1 to 2,000,000 … that is one to two million.
The nation's largest and most profitable banks, which had financed and maintained one of the largest public sectors in the world had been looted dry by cronies of the regime who invariably obtained massive unsecured loans to the tunes of several billions each under the guise of financing fraudulent and bogus projects, then took the cash, transferred it to off shore secret bank accounts and bolted on luxurious private business jets bought and paid for out of the Loot.
Public land and super luxurious investment properties constructed on the most expensive and most coveted areas in the nation, on a scale that reached 25% of the total land area of the country were reduced to being privileges of the higher echelons of parasites and cronies of the regime. By encoding the process of bestowment into laws and placing them in the hands of corrupt looting ministers and members of the Mubarak’s family, they have raped the very crust of the Earth on which the nation resides. The degree to which the Institutionalized public land loot had encompassed was described by the International Transparency Organization as unprecedented, in scale and scope, in the entire history of the organization’s members’ track record.
The old crone; Suzette Antoinette, herself had absolutely no loyalty to nation or country, surrounded herself with an entourage of leaches, parasites and servile men and women who were only ready, willing and very happy to bow down and kiss her hand, and do her bidding at the slightest motion of her finger. Those men and women filled the corridors of Egypt’s preeminent ministries ... Only time will show how much institutionalized financial rape she perpetrated on the honor of the people and the dignity of the nation.
The director of Egypt’s Archive of Antiquities has given a public interview in which he disclosed that the nefariously greedy and looting old crone had sold and ordered the dispatch of an entire Jumbo-Jet full of priceless antiquities to an Arab Oil Sheikh on one of Egypt Air Boeing 747 cargo Super airliner. What she received for the stolen antiquities was 2 Billion US Dollars, by the testimony of Director of Archives of Egyptian Antiquities. An Investigation was subsequently initiated but has mysteriously been blocked for the past seven years (even now still blocked) by his testimony on Official Television.
The armed forces were the anchor upon which the security of the regime had rested. At one time, the army’s field Marshal, who was a war hero, challenged Mubarak by declaring that he was running for presidential election. Mubarak could not stand the notion. Apart from fearing the certainty of his opponent's prevailing in a free election, he considered it to be an extreme insult to his ego for anyone to run against him for the top boss job; apparently seen by the Old Crone as a family owned seat, and no precedence should ever be allowed.
To ensure his neutrality, the Regime granted the armed forces the right to establish a commercial enterprise as part of the military institution’s Corps of Engineers. In other words, Mubarak had placated the armed forces by giving them a part of the financial pie ... This was exploited in exactly the same manner as in the civil institutions ... This is the undeclared reason behind the military's stance to protect the Biggest henchmen of the decrepit regime.
The late Field Marshall Abu Ghazzalah (Seen below with Sadat and Mubarak) trotted the world on an expensive private business jet to inspect his private investments in Europe and the United States (estimated by western sources to exceed $500 Million US at the time of his death ... Weapons purchase transactions were taken out of the control of the parliament and made executable by presidential edicts only. Commissions were shared with the Lucky field marshal who happened to be at the helm of the armed forces at any given time, holding both positions of General Command and Minister of Defense & Military productions..
Marshal Tantawy is the oldest and longest serving Field Marshal in military history at 79 years of age. His basic salary as deputy prime minister is 3500 Egyptian pounds a month. His official and legal VIP exclusive expenses are 1,215,000 Egyptian pounds a month. Bonuses from the construction projects carried out by the corps of engineers has been recorded on his financial integrity form for 2009 to be 15.6 Million Egyptian Pounds, approximately $2.8 million US Dollars ... It does not require brain power to figure out what the real amount looks like! ... it appears that this is all but pocket change compared with the gigantic amounts skimmed off the top in commissions and other secret privileged deals.
His commissions from weapons and arms sales and purchase deals are state secret and have never been entered into any records, but estimated to be in excess of 500 million US Dollars over his tenure as minister of defense and arms production, a combined post that he had held before being promoted to deputy prime minister. And his commission from the construction of the Mubarak Stadium in Borg el Arab is estimated to exceed $100 million US. His Son was Gamal Mubarak's Right Hand and his personal business manager. His son's wealth is known to exceed LE 1 Billion but has also been estimated to exceed LE 3 Billion.
Now it is easy to understand why Field Marshal Tantawy has kept the entire cadre of presidential personnel in their offices in the presidential palace? And we now know why no order has been issued yet for the arrest of all the crooks and charlatans who had impersonated the roles of businessmen during the Mubarak’s regime and looted the nation's national assets? ... Tantawi will act only under popular pressure. The Mubaraks and their cronies of crooks and charlatans will eventually be arrested, but don't hold your breath too long to see sweeping trials for everything they did.
The Military will resist any attempt to force the issue of the biggest crooks who looted Egypt, unless public pressure mounts so high that the nation's stability is threatened. The military will distance itself from any and all trials and leave the entire proceedings to the office of the Attorney General and affiliated Personal Gains Accountability Office.
We may soon end up looking at top mafia bosses behind bars. We may subsequently see trials. But in Egypt, the Pharaoh and High-Priests take their power and fearsome reputation along with them wherever they go; be it as it may, to prison, to trials or to the grave.
This is a symbiotic relationship in the worst kind. All charlatans, ostensibly good or ostensibly bad, are equal before the law. And in the absence of a smoking gun, with the systematic destruction of documents and evidence, they are also equally not guilty in the eyes of the law.
So much time was wasted and so many smoking guns were buried. Some of the truth will eventually surface, but compared to the magnitude of the crime perpetrated against the lives of the people and the dignity and future of the nation, it will be too little and too late!
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wow, great article The entire core is rotten.
-------------------- If you don't learn from your mistakes, there's no sense making them. Posts: 15090 | From: http://www.egyptalk.com/forum/ | Registered: Jul 2004
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The entire core is rotten.
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