List of persons whose assets are subject to freezing under the Freezing Assets of Corrupt Foreign Officials (Tunisia and Egypt) Regulations
Whereas Egypt has asserted to the Government of Canada, in writing, that each of the persons listed in sections 1, 2 and 4 of the annexed Regulations Amending the Freezing Assets of Corrupt Foreign Officials (Tunisia and Egypt) Regulations has misappropriated property of Egypt or has acquired property inappropriately by virtue of their office or a personal or business relationship and has asked the Government of Canada to freeze the property of those persons;
Whereas the Governor in Council is satisfied that each of those persons is a politically exposed foreign person in relation to Egypt;
Whereas Egypt has asserted to the Government of Canada, in writing, that each of the persons referred to in the items listed in section 3 of the annexed Regulations has not misappropriated property of Egypt or acquired property inappropriately by virtue of their office or a personal or business relationship and Egypt has asked the Government of Canada to lift the freeze on the property of those persons;
Whereas the Governor in Council is satisfied that there is internal turmoil, or an uncertain political situation, in Egypt;
And whereas the Governor in Council is satisfied that the making of the annexed Regulations Amending the Freezing Assets of Corrupt Foreign Officials (Tunisia and Egypt) Regulations is in the interest of international relations;
Therefore, His Excellency the Governor General in Council, on the recommendation of the Minister of Foreign Affairs, pursuant to subsections 4(1) to (3) of the Freezing Assets of Corrupt Foreign Officials Acta, makes the annexed Regulations Amending the Freezing Assets of Corrupt Foreign Officials (Tunisia and Egypt) Regulations.
a S.C. 2011, c. 10
Regulations Amending the Freezing Assets of Corrupt Foreign Officials (Tunisia and Egypt) Regulations
AMENDMENTS
1. Item 9 of Schedule 2 to the Freezing Assets of Corrupt Foreign Officials (Tunisia and Egypt) Regulations1 is replaced by the following:
9. Rachid Mohamed Rachid (also known among other names as Rachid Mohamed Rachid Rached), born on February 9, 1955 and former Minister of Trade and Industry
2. Item 43 of Schedule 2 to the Regulations is replaced by the following:
43. Mohamed Magdy Hussein Rasikh (also known among other names as Mohamed Magdy Hussein Rasik), born on December 23, 1943
3. Items 74 to 81, 84 to 87, 116, 121 and 124 of Schedule 2 to the Regulations are repealed.
4. Schedule 2 to the Regulations is amended by adding the following after item 145:
146. Fouad Madbouly Mohamed Mohamed
147. Mohamed Ahmed Mohamed Abdel Dayem
148. Ezzat Abdel Raouf Abdel Kader El Hag
APPLICATION BEFORE PUBLICATION
5. For the purpose of paragraph 11(2)(a) of the Statutory Instruments Act, these Regulations apply before they are published in the Canada Gazette.
COMING INTO FORCE
6. These Regulations come into force on the day on which they are registered.
1 SOR/2011-78
