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Full Article Images of February Follow Reuters Facebook Twitter RSS YouTube Read UPDATE 5-Who are the lucky 3 to share record $656 mln U.S. lottery? 3:28pm EDT Who are the lucky 3 to share record $656 million U.S. lottery? | 4:36pm EDT Exclusive: Soros' son strikes out on his own 30 Mar 2012 Unpaid bloggers' lawsuit versus Huffington Post tossed 30 Mar 2012 UPDATE 3-At least three winners share record $640 mln U.S. lottery 10:21am EDT Discussed 257 Poll: Americans angry with Obama over gas prices 225 Cheney recovering after heart transplant: spokeswoman 219 Black friend defends shooter of Florida teen Watched Urine eggs a delicacy in China Thu, Mar 29 2012 U.S. and Russia ''disagree'' on Syria Fri, Mar 30 2012 China car collision caught on video 5:54am EDT In U-turn, Egypt's Brotherhood names presidential candidate Tweet Share this Email Print Related News Egyptian MPs pick constitution-setting assembly Sat, Mar 24 2012 Egypt Coptic Christian Pope Shenouda dies Sat, Mar 17 2012 Egypt officials expect U.S. to unblock military aid Sat, Mar 17 2012 Egypt MPs move to withdraw confidence from government Sun, Mar 11 2012 Egypt parliament sees "interference" in activists' release Sat, Mar 3 2012 Analysis & Opinion Essential tax and accounting reading:oil tax breaks challenged, Dow pushes R&D credit, Buffett’s company in tax dispute, and more Egyptian Christians await new pope, debate role as Islamists rise to power Related Topics World » Egypt » 1 of 3. Newly released deputy chairman of the Muslim Brotherhood Khairat al-Shater attends a pro-democracy rally at Tahrir Square in Cairo in this March 4, 2011 file photo. The Muslim Brotherhood's Freedom and Justice Party (FJP) named Shater, a deputy to the Brotherhood's leader and an accomplished businessman in Egypt, as its presidential candidate on March 31, 2012 for May's vote, its official Facebook page said. Credit: Reuters/Mohamed Abd El-Ghany/Files By Marwa Awad and Sherine El Madany CAIRO | Sat Mar 31, 2012 5:15pm EDT CAIRO (Reuters) - Egypt's Muslim Brotherhood, in a policy U-turn, on Saturday named its deputy leader and businessman Khairat al-Shater as its presidential candidate for a vote in May after initially pledging it would not run for the nation's top job. The Brotherhood said it changed tack after reviewing other candidates in the race and after parliament, where its Freedom and Justice Party controls the biggest bloc, was unable to meet "the demands of the revolution", a reference to its mounting criticism of the ruling army's handling of the transition. Given the Brotherhood's strong showing in the parliamentary election and its broad grass-roots network, the group's backing for a candidate could prove a decisive factor. Although analysts say name recognition may also play a role in this race that could help others such as former Arab League chief Amr Moussa. Analysts said the move suggested the Brotherhood, on the brink of power for the first time in its 84-year history, was worried it could have that power snatched away after decades of repression at the hands Hosni Mubarak, who was ousted last year. "We have witnessed obstacles standing in the way of parliament to take decisions to achieve the demands of the revolution," said Mohamed Morsy, head of the Freedom and Justice Party. "We have therefore chosen the path of the presidency not because we are greedy for power but because we have a majority in parliament which is unable to fulfill its duties in parliament," he said announcing the decision to put forward Shater. The move will worry liberals and others who are already fretting about the rising influence of Islamists after they swept parliament and now dominate an assembly writing the new constitution. Shater, 61, submitted his resignation as one of three deputy leaders of the Brotherhood when he was picked as candidate, the group said. Like many members of the group that was banned under Mubarak, Shater spent years in jail. He is was freed shortly after Mubarak was toppled. A Brotherhood member told Reuters that 56 of 108 members of the Brotherhood's shura, or advisory, council voted to pick Shater as the Brotherhood's candidate and 52 voted against it. "Those who went against the candidacy of Shater at first changed their minds and supported him afterwards," said Mohamed Badie, the Brotherhood's leader. "BREACHING A PROMISE" The group had said it did not want one of its members in the top office to avoid being seen as monopolizing power and alienating those who did not back the group in post-Mubarak Egypt. "We do not have the desire to monopolies power," the FJP's Morsy said after Shater's candidacy was announced. But the decision to field Shater could draw criticism, particularly after the group expelled another member, Abdel Moneim Abol Fotouh, when he said he would run in spite of the Brotherhood's pledge not to seek the presidency. "This is not only a breach of their promise, but deliberate defiance of the (ruling) Supreme Council of the Armed Forces," said a Western diplomat, adding the U-turn suggested the group was worried others could disrupt its rise to power. "The Brotherhood are so close to power they can smell it, but they are so scared that someone else will snatch it from them," the diplomat said. The ruling army council has pledged to hand power back to civilians by July 1 after a new president is elected, although analysts expect the generals to hold influence from behind the scenes long after that. The Brotherhood has become increasingly critical of the government army-appointed Prime Minister Kamal al-Ganzouri. The group wants to lead the formation of a new government based on their dominance of parliament. The army has rejected this and under the existing constitution has powers to form cabinets. "The truth is that they are proving each day that power is their only goal," Ahmed Said, head of the liberal Free Egyptians Party told CBC TV, saying the Brotherhood appeared to have taken the decision when it found "that they can't control the government". Shater was arrested in 2006, along with other senior members of the group, and jailed in 2007 by a military court on charges including supplying students with weapons and military training. Jail terms can bar access to elected office for a period but the Brotherhood said this would not derail his candidacy. "When Shater's name was considered, our lawyers said there is no legal obstacles facing his candidacy," the group's leader, Badie, said. (Additional reporting by Ahmed Tolba, Writing by Sherine El Madany; Editing by Edmund Blair and Alison Williams) World Egypt Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. 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