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EgyptSource
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Political and Economic Shock Waves Expected with Mubarak Verdict on June 2

Mara Revkin | May 31, 2012
Mideast_Egypt_Mubarak_005ec.jpg

In anticipation of a violent reaction to former President Hosni Mubarak's sentencing and verdict expected on June 2, Egyptian officials are planning to deploy 160 tanks and 20,000 police officers to maintain order in Cairo. The trial has high stakes not just for Mubarak and his fellow defendants – Former Interior Minister Habib al-Adly and six security officials, as well as his two sons Alaa and Gamal, and businessman Hussein Salem are also standing trial on various charges of corruption and complicity in the killing of protesters – but for the presidential election and, beyond it, the prospects for economy recovery.

Egyptian stocks flatlined on May 30 after it was announced that Mubarak’s two sons are implicated in a second corruption case. Alaa and Gamal Mubarak and the two chief executives of investment bank EFG-Hermes are to stand trial alongside five others for corrupt stock exchange dealings. The charges are another unwelcome shock to foreign investors already hesitate to take a risk on Egypt’s ailing economy.  Earlier in May, the average yield on 182-day Egyptian treasury bills had already reached its highest rate in a decade and the Egyptian pound hit a seven-year low over concerns of instability related to the upcoming trial and presidential election.

Any violence related to the trial could benefit presidential candidate Ahmed Shafik, who is running on a platform of restoring order and security against the Brotherhood’s candidate, Mohamed Morsi. But as a symbol of the Mubarak regime, his image could also suffer if an acquittal – however unlikely – sparks anger against the ruling military establishment, at a time when liberal and revolutionary groups are already calling for a nationwide electoral boycott of the second round of voting on June 16-17.  

Mubarak is the first leader brought down by the Arab awakening to be brought to court by his own people. Libya’s Muammar Qaddafi was a casualty of mob justice, Tunisia's former president Zine El Abidine Ben Ali is being tried in absentia, and former Yemeni President Ali Abdullah Saleh can take his pick of safe havens in Ethiopoia, the UAE or Russia. But scope of Mubarak’s trial may be too limited to set the precedent for accountability that Egyptians are looking for. The charges related to human rights abuses cover only a six-day period from the start of the revolt on Jan. 25, 2011, a small slice of Mubarak’s 30-year legacy of repression.

The prosecution has requested the death penalty for Mubarak, a punishment usually carried out by hanging in Egypt, but if Mubarak is convicted he could get off with as little as a three-year prison sentence. When the case began last August, the prosecution failed to produce sufficient evidence for a conviction, and the defense lawyers have argued all along that Mubarak and former Interior Minister Habib al-Adly are innocent of all charges.

Mubarak's defense team plans to appeal a potential guilty verdict on June 2, and it is entirely possible that the ruling will be postponed yet again, perhaps for years. It is unlikely that Mubarak would be given the death penalty given his advanced age and poor health, and an acquittal or light sentence would likely provoke a violent backlash by protesters impatient for a verdict that has taken the presiding judge three months to deliberate since the closing of the case on February 22. Whatever the verdict, it will be issued against a volatile backdrop of heightened polarization as the second round of the election approaches. As Ahmed Shafik’s pro-military constituency prepares to face off against  the Muslim Brotherhood’s Mohamed Morsi, Egypt’s liberals, leftists, and seculars are caught between candidates representing two polar and equally unpalatable extremes. Forced to pick their poison, many voters would rather boycott the election, and an unsatisfactory verdict in the trial of the century could galvanize protesters seeking to challenge the legitimacy of the electoral process. 

Mara Revkin is the editor of EgyptSource. She can be reached at mrevkin@acus.org.

Photo Credit: Washington Post

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About EgyptSource

 

EgyptSource, a project of the Rafik Hariri Center for the Middle East, follows Egypt’s transition and provides a platform for Egyptian perspectives on the major issues – economic, political, legal, religious and human rights – that are at stake in the post-Mubarak era.

If you are interested in submitting an article for publication on EgyptSource, please send an inquiry via email with a short outline of your idea. 

The views expressed in EgyptSource are solely those of the authors and do not necessarily reflect the views of the Atlantic Council, its staff, or its supporters.

 

Follow us on Twitter: @EgyptSource

 

EgyptSource Team

 

Michele Dunne
Director, Rafik Hariri Center 
mdunne@acus.org

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Nancy Messieh
Editor, EgyptSource, MENASource
nmessieh@acus.org 

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Tarek Radwan
Resident Contributor, EgyptSource; Editor, MENASource
tradwan@acus.org

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Faces of Egypt 

 

Journalist and videographer Abanoub Emad explains the drive behind his work: “I want to cover the truth..If it was just a job for me I wouldn't risk my life, but this is what I want to do…and this is what differentiates the quality of work. You can tell who's doing it for the sake of doing it, and who's doing it because it's what they love to do” 

At twenty-two, Amr El Salanekly has won the 2012 Clinton Global Initiative fellowship, co-founded a social incubator and an educational platform for underprivileged kids, turned down a job with Bangladeshi Nobel Laureate Mohammad Yunus’ Grameen Bank, and raised hundreds of thousands of Egyptian pounds for community projects in Egypt.

Check out the rest of the Faces of the New Egypt series here

 

About the Contributors

 

Alaa Al Aswany, the Arab world's bestselling novelist, is the author of The Yacoubian Building, Chicago, and Friendly Fire. His work is published in thirty-one languages worldwide.  Read his EgyptSource posts here

 

Yussef Auf is an Egyptian judge and 2012 Humphrey Fellow at American University’s Washington College of Law. He is currently pursuing a PhD in Constitutional Law and Political Systems at Cairo University. Read his EgyptSource posts here.

 

 

Nadine Abdalla is a PhD Fellow at the German Institute for International and Security Affairs (SWP) in Berlin and a writer for Egyptian newspaper, Al-Masry Al-Youm. Read her EgyptSource posts here. 

Amr Hamzawy joined the Department of Public Policy and Administration at the American University in Cairo in 2011, where he continues to serve today. He is a former member of parliament and a member of the National Salvation Front. Read his EgyptSource posts here

Jayson Casper is a writer with Arab West Report, Christianity Today, and Lapido Media. He blogs on Egyptian politics, religion, and culture at A Sense of BelongingRead his EgyptSource posts here.

Wael Eskandar is a blogger and a writer for Egypt's Ahram Online. He has written for publications like Daily News Egypt and Community Times. Read his EgyptSource posts here.

  

Soraya Morayef is a journalist and writer based in Cairo. She blogs under suzeeinthecity.wordpress.comRead her EgyptSource posts here.

Sultan Sooud Al Qassemi is a UAE based political commentator. He tweets as @SultanAlQassemiRead his EgyptSource posts here.

 

Magdy Samaan is a freelance journalist and a 2011 MENA Democracy Fellow at the World Affairs Institute. Read his EgyptSource posts here.

 

Haitham Tabei is a special correspondent for the Washington Post and Asharq Saudi newspaper in Cairo.

Read his EgyptSource posts here.

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