Egypt's ruling military council has warned it will not allow civilians to encroach on the armed forces' extensive business enterprises, in rare comments about its secretive economic interests in the face of increasing demands for public scrutiny.
Maj. Gen. Mahmoud Nasr, the deputy defense minister for financial affairs and a member of the ruling military council, defended the military's economic establishment, saying it was in the public interest. He said the generals have even lent the government money to prop up its failing finances during the turmoil that followed the popular uprising that ousted Hosni Mubarak last year.
His rare comments, published in the local media Wednesday, appeared aimed at winning public support in the face of unprecedented national scrutiny of the huge military economic sector.
The military has enjoyed near-autonomous power in Egypt for the last 60 years.
In recent years, it built a massive economic empire that is shrouded in secrecy and, according to some estimates, accounts anywhere between 15 and for 40 per cent of the nation's GDP. The generals have never confirmed any
figures.
"We will fight for our projects, and it is a battle we won't give up on. We have sweated for 30 years, and we won't leave this for anyone to destroy," Nasr said, according to comments published in the independent daily Al-Shorouk.
"We will not allow anyone, whoever they may be, to come near the projects of the armed forces." [AP]