CAIRO: Egyptian Public Prosecutor Abdel Magid Mahmoud has referred steel tycoon Ahmed Ezz to the criminal court for investigation on a new money laundering case. Ezz is accused of money laundering and stealing money from Dakahlia Steel Company. Ezz served as chair of the budget committee of the People's Assembly, the lower house of Egypt's bicameral parliament, during the reign of ousted Egyptian President Hosni Mubarak. Ezz has already been charged in a case of misappropriating steel licenses and faces charges of wasting 660 million EGP of state funds (U.S. $110 million). Former Trade Minister Rashid Mohamed Rashid and former Chairman of Industrial Development Amr Assal are facing similar charges.