Assetsof the party to be returned to the state
An Egyptian court has ruled in favour of dissolving the National Democratic Party (NDP), the only political party that was officially allowed to operate in Egypt under ex-president Hosni Mubarak’s regime.
The move is expected to appease protesters who called for Mubarak to be held to account for actions taken during his almost 30-year rule. Many Egyptians also called for the dissolution of the party to complete the transition to democracy.
The NDP had dominated Egyptian politics since it was founded by Mubarak’s predecessor, Anwar Sadat, in 1978.
“It’s illogical for any instruments of the regime to remain, now that the regime itself has fallen,” the High Administrative Court said in a statement. NDP’s assets will be returned to the state.
Popular protests across the country forced Mubarak to step down in mid-February.
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.