Swiss prosecutors are concluding without any charges a decade-long investigation into alleged money laundering and organized crime linked to late former President Hosni Mubarak’s circles in Egypt, and will release some 400 million Swiss francs ($430 million) frozen in Swiss banks.
The office of the Swiss attorney general said Wednesday that information received as part of cooperation with Egyptian authorities wasn’t sufficient to back up the claims that emerged in the wake of Arab Spring uprisings in 2011 that felled Mubarak’s three-decade rule.
