In the course of the raid and seizure of the canal by Egypt , the statue of de Lesseps at the entrance of the Suez Canal was removed from its pedestal , to symbolize the end of European ownership of the waterway .
In the course of the raid and seizure of the canal by Nasser , the statue of de Lesseps at the entrance of the Suez Canal was removed from its pedestal , to symbolize the end of European ownership of the waterway .