Via Fox News:
CAIRO – An Egyptian court on Monday ordered the Muslim Brotherhood to be banned and its assets confiscated in a dramatic escalation of a crackdown by the military-backed government against supporters of the ousted Islamist president Mohammed Morsi.
The ruling opens the door for a wider crackdown on the vast network of the Brotherhood, which includes social organizations that have been key for building the group’s grassroots support and helping its election victories. The verdict banned the group itself — including the official association it registered under earlier this year — as well as “any institution branching out of it or … receiving financial support from it,” according to the court ruling, made public on Egypt’s state official news agency MENA.
The judge at the Cairo Court for Urgent Matters also ordered the “confiscation of all the group’s money, assets, and buildings” and said that an independent committee should be formed by the Cabinet to manage the money until final court orders are issued. The verdict can be appealed.
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