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He's also invested in Egyptian real estate, including choice Sharm el-Sheikh properties. Like other global despots and corporate bosses, he amassed his fortune the old-fashioned way. He stole it, stashing most discretely offshore.
Egypt Under Mubarak: Key Washington Offshore Rendition/Torture Destination
On February 4, investigative journalist Wayne Madsen headlined, "Obama's gambit: Holding Egypt for Holder," saying:
Torture/renditions date from the Clinton administration. "In fact, Clinton's Deputy Attorney General, Eric Holder, now Obama's Attorney General, was the first Department of Justice official to write a legal brief authorizing the rendition of alleged terrorists from third countries by the CIA to Egypt for purposes of interrogation and torture."
Moreover, Egypt specializes in disappearances after torture and interrogations are completed. For his part, "Holder has long been a coddler of torturous regimes," including Egypt's.
Its methods include "hanging prisoners by all four limbs and placing electric nodules on their genitals, nipples and feet. The CIA paid Egypt handsomely to carry out the torture program," its own specialty since the 1950s.
In the 1990s, Holder and then White House chief of staff Leon Panetta signed off on CIA renditions to Egypt. As head of the agency under Obama, Panetta publicly endorsed it globally, despite administration pledges to end torture.
Notably, Omar Suleiman, now Egypt's vice president and man Washington wants to lead an interim government, ran Egypt's torture program for the CIA as General Intelligence Directorate (EGID) head. He also maintains close ties with Mossad on issues relating to Palestine and Syria, as well being allied with other Arab intelligence service chiefs serving imperial Washington.
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