It Doesn’t Pay to Be Married to Hosni Mubarak

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Photo: Khaled Desouki/Getty Images

Suzanne Mubarak, the wife of ousted Egyptian president Hosni Mubarak, will sign over all her assets to the state, after being investigated in a state corruption probe. Mubarak will hand over her Cairo villa and around $3 million in assets held in bank accounts in Egypt. In exchange for handing over the money and villa, the charges against her will be dropped. Ms. Mubarak is currently under detention at a hospital the Red Sea resort of Sharm el-Sheikh, while undergoing treatment for panic attacks (first thought to be a heart attack). Many believe the Mubaraks actually have billions in assets they acquired during Hosni Mubarak's 30 years in power.

Egypt's Suzanne Mubarak to hand over assets to state [BBC]