CAIRO, Jun 23 (Aswat Masriya)- The committee tasked with managing the Muslim Brotherhood funds confiscated a hospital in Ismailia and other medical centres and pharmaceutical companies in Qalubiya, Menufiya and Gharbiya allegedly owned by Muslim Brotherhood members.

Citing the committee, state-run MENA reported that the committee confiscated a medical services company in Helwan and other pharmaceutical and cosmetics companies, one of them in Cairo.

The committee was formed after a decision by an urgent matters court in September 2013, which banned the Brotherhood.

The court ruling stipulates banning the activities of any association that is branched from the Brotherhood, that was founded by Brotherhood funds, or that receives any form of support from the Brotherhood. 

Egypt listed the group as a terrorist organisation in December 2013 and insists it is behind the wave of militancy which has targeted security personnel since the July 2013 power shift. The Brotherhood continuously denies the accusations.