The businessmen include Safwan Thabet, chairman of dairy and juice maker Juhayna Food Industries Co and Ahmed Bahgat, who owns two satellite television channels and a big development in the suburbs of Cairo.
Soon after Mubarak was ousted as president in February, Egypt’s public prosecutor issued a list of people whose assets, including cash, shares, bonds, real estate and other property, had been frozen pending investigations into corruption.
The country’s interim rulers are under pressure to show they are taking a tough line against corruption but some investors are concerned the campaign could turn into a witch hunt that will deter even legitimate business operations.
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