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Egypt swears in new interim president
July 4, 2013, 3:24 pm

Adly Mansour, chief justice of Egypt’s Supreme Constitutional Court, was sworn in Thursday as the nation’s interim president, taking over hours after the military ousted Islamist President Mohammad Mursi.

Soon after, the army turned the screws on the Muslim Brotherhood, with military police arresting supreme leader Mohammad Badie “for inciting the killing of protesters”. Prosecution would on Monday begin questioning members of the group, including Mursi, for “insulting the judiciary.”

Other Brotherhood leaders would be questioned on the same charges, including the head of the group’s political arm Sa’ad Al Katatni, Mohammad Al Beltagui, Jamal Jibril and Taher Abdul Mohsin.

Mursi and other senior leaders have also been banned from travel pending investigation into their involvement in a prison break in 2011.

Mursi has been held in an unknown location.

Mansour in his address assured to hold parliamentary and presidential elections.

Leading opposition figure Mohammad Al Baradei has been tipped as favourite to head an interim government, an army source said.

Egypt’s benchmark bond yield headed for the biggest drop on record and stocks surged after the army deposed Mursi.

Qatar joined other Gulf states in welcoming the interim leader.

“We followed with all consideration and satisfaction the national consensus that your brotherly country is witnessing, and which had played a prominent role in leading Egypt peacefully out of the crisis it had faced,” said the UAE President His Highness Shaikh Khalifa Bin Zayed Al Nahayan.

The United States and the European Union called for a swift return to democracy.


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