02-10-2011, 10:56 PM
[url="http://www.foxnews.com/world/2011/02/10/egyptian-official-mubarak-step-transfer-authority-armed-forces/"]Egyptian Official: Mubarak to Step Down, Transfer Authority to Armed Forces[/url]
Quote:The source did not know how long the military would reign nor what mechanism or timetable would be put in place to end the military's administration of power, but said that "when (the transfer of power from Mubarak) does happen, they will presumably indicate the direction of the country."
The source drew parallels with the Army coup of 1952, and the removal of King Faroukh, noting that it took six months before the monarchy was dissolved and the modern republic formed.
The source said this marks "a moment of grave magnitude for the national security of Egypt."
The official said he doubted that Mubarak would be prosecuted after leaving office.
"No specific allegations of wrongdoing have been made against him," said the source, adding that if any allegations surface later on, it would be a judicial function to resolve them. The source predicted, without certainty, that Mubarak will retire to Sharm el-Sheikh and lead an "isolated" existence.
[color="#FF0000"]The official also expressed criticism of the Obama administration and the American press for short-changing the reform process that Mubarak and Suleiman had begun to put in place, and which the official claimed had been moving along "fine" in "very rapid" fashion.[/color]