EU halts sanctions against family of Egypt's Mubarak
The European Union announced Friday it was ending sanctions imposed in 2011 against nine Egyptians, including the family of former leader Hosni Mubarak, over the alleged stealing of state funds.
"Restrictive measures were initially adopted in 2011 and aimed notably at assisting the Egyptian authorities with the recovery of misappropriated state assets," the member states said in a statement.
"Following the most recent review of the nine listings still in force, the Council concluded that the regime had served its purpose."
The deposed president died in February of last year at the age of 91.
The sanctions -- which were reviewed annually -- included asset freezes on holdings located in the EU and a ban on any citizens or entities from the 27-nation bloc making funding available to those on the blacklist.
Mubarak and his family had challenged the punitive measures in court.
Islamist president Mohamed Morsi took power in 2012 before the military toppled him in 2013 following mass protests against Morsi's rule.
Former military chief Abdel Fatah al-Sisi became president later that year.