Muslim Brotherhood Runs Millionaire for Egypt Presidency Candidate reverses promise not to participate in presidency By Mark Russell, Newser Staff Posted Apr 1, 2012 7:34 AM CDT 4 comments Comments Khayrat al-Shater, top financier of the Muslim Brotherhood, Egypt's main opposition group, waves as he arrives to al-Galaa court to face one of his civil investigations in Cairo 10 December 2007. (Getty Images) (Newser) – The Muslim Brotherhood had insisted it would not run a candidate in Egypt's presidential elections, but growing conflicts with military rulers have spurred the Brotherhood to reverse course and nominate a candidate, reports al-Jazeera. The move is expected not only to increase tensions with the military, but also with liberal and secular groups worried about the Brotherhood's growing power, as the party controls nearly half of Egypt's young parliament. Nominating a candidate also divided the Brotherhood, as many of the group's leaders were against the move. But with other Islamist parties—one progressive, one ultra-conservative—preparing to run candidates, the Brotherhood's leadership was worried about losing supporters. The Muslim Brotherhood candidate is multi-millionaire Khairat al-Shater, one of group's chief backers and a man who has gone to prison four times for his Brotherhood connections. Despite the Brotherhood's popularity, however, it is unclear how much support al-Shater has, as several well-known candidates are also expected to run.