Breaking: 5 injured after gunmen open fire at cafe in Istanbul, Turkey    Italian delegation urges Europe to lift travel restrictions to Egypt    Meet the all-female plane crew, first in Egypt    Egypt's Youssef Ibrahim claims his first PSA title    Vice-President of German Parliament: Al-Azhar is the most important religious institution in Islamic World    Huawei acquires 10% of global smartphone market sales    Parliament's Constitutional and Legislation Affairs Committee to issue decision on Al-Sadat's dismissal on 26 February    EETC decides to increase cost-sharing agreement project costs by no less than 35%    State Commissioners Authority recommends upholding the decision of Ali Abdel Aal to ban live broadcasting of parliamentary sessions    Shoukry meets Tunisian president, Algerian FM to activate tripartite summit to resolve Libyan crisis    Islamic State broadcasts footage of Cairo Church attacker, promises more attacks    Cassation Court upholds final death sentences in Port Said stadium massacre case    US Embassy hosts live concert 'Al-Hakawatya' at Citadel!    Egyptian presidency reaffirms commitment to Palestinian cause in response to press reports on Netanyahu's secret summit    Verdict in Al-Sabbagh case to be issued on 19 June    ISIS vows more attacks on Egypt's Christians    Israel said 2 rockets fired from Sinai    50 Shades Darker screening in Egyptian theatres    Women's gyms lay bare limits of Saudi reforms    Questioning the rigid application of the Goldwater Rule    Decision to relieve expatriates from car customs for a dollar deposit according to car model: immigration minister    Dabaa prepares to receive nuclear power plant    A new report on religious status in Egypt    Jordanian stage artist loses membership on blasphemy allegations    Haftar: Libya would not have regained strength without Egypt's support    Egypt: Court rejects dissolution of ultraconservative Al-Nour Party    Egypt's Grand Mufti: 'Single Mother' destroys our values    Freedom of expression in Egypt in 2016: an overview    Egyptian Mohamed Hamza wins bronze medal in Epee World Cup    Petroleum Minister receives foreign delegations on boosting investments    Egypt, Swiss Ambassador open restored Stoppelaere House in Luxor    Egyptian Minister: Tourism up 48% due to successful promotion policies    Messi postpones Egypt visit after Barcelona defeat    تغريدة - ماذا قال نجوم الزمالك وأبرز رموزه بعد التتويج بالسوبر    Jack Nicholson to star in remake of German hit comedy 'Toni Erdmann'    حكاية خيسوس - القادم من ضواحي ساو باولو وفتن جوارديولا    Exhibition combines legacy of Islamic manuscripts with contemporary art    Italian couple arrested for sending weapons to ISIS    Newsreel    New Year routine    Imminent cabinet reshuffle    Footballer furore    In quest of national consensus    ‘Protecting the weakest'    Briefs    IMF open to scrutiny    Art heist goes wrong    All the fun of the Book Fair    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





Editorial: Ensuring social justice
Published in The Egyptian Gazette on 07 - 10 - 2011

CAIRO - Instead of always complaining about the economic hardships, the sharp budget deficit and lack of financial resources, the Government should resort to the law to get very rich business people to hand over the fortunes they made illegally under Mubarak's corrupt regime.
It could start with the property tycoons who violated their land reclamation contracts, making billions out of the luxurious housing compounds they built on land they purchased for peanuts.
According to the contracts, they were only meant to build on just 2 per cent of this land and cultivate the rest.
“If the tycoons built on more than 2 per cent, they were supposed to be fined,” says Ali Ismail, the new executive director of the Agricultural Development Authority.
Most of the desert roads now have housing compounds built beside them, on land that was meant to be reclaimed.
The violators were meant to pay almost LE1.5 million per feddan; if they had done so, the Treasury would have made about LE40 billion, greatly reducing the Government's huge budget deficit.
This money could also have funded the pay rise proposed for civil servants, putting an end to the constant strikes.
Most importantly, this money would be the first step in ensuring social justice, retrieving some of the fortunes illegally made by certain tycoons under the previous regime, thereby benefiting the national economy and helping to stabilise the country.
It would also save the Government having to slap extra taxes on the rich, something some parties believe would discourage investments.


Clic here to read the story from its source.