Cairo hosts African Union's 5th Awareness Week on Post-Conflict Reconstruction on 19 Nov.    Egyptian pound holds steady in narrow band in early Sunday trade    Standard Bank opens first Egypt office as Cairo seeks deeper African integration    UREGENT: Egypt's unemployment hits 6.4% in Q3 – CAPMAS    Al-Sisi orders expansion of oil, gas and mining exploration, new investor incentives    Climate finance must be fairer for emerging economies: Finance Minister    Cairo intensifies regional diplomacy to secure support for US Gaza resolution at UN    Egypt unveils National Digital Health Strategy 2025–2029 to drive systemwide transformation    Minapharm, Bayer sign strategic agreement to localize pharmaceutical manufacturing in Egypt    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    ADCB launches ClimaTech Accelerator 2025    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Egypt's FM discusses Gaza, Libya, Sudan at Turkey's SETA foundation    Egypt launches 3rd World Conference on Population, Health and Human Development    Cowardly attacks will not weaken Pakistan's resolve to fight terrorism, says FM    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Latvia sign healthcare MoU during PHDC'25    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Egyptians vote in 1st stage of lower house of parliament elections    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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



Mubarak might need to pay more in Ahram gifts compensation case
A final valuation of the gifts given to Mubarak by Al-Ahram organisation has not yet been made, says public funds prosecutor
Ahram Online Published in Ahram Online on 17 - 01 - 2013

The settlement amount former Egyptian President Hosni Mubarak's has given back in lieu of gifts he received from Al-Ahram institution is not final as the valuation process has not been completed, a Public Funds Prosecution (PFP) attorney said Thursday.
“The technical committee has not finished valuing all the gifts [the Mubaraks] received, because of their large number,” PFP Attorney-General Mostafa El-Husseini told Ahram Arabic news website on Thursday.
Egypt's general prosecutor accepted Wednesday an offer from former president Hosni Mubarak to pay LE18 million ($2.8 million) for gifts received, along with members of his immediate family, from the state-owned Al-Ahram Press and Publishing Organisation.
Other Mubarak-era officials investigated collectively paid LE30 million back in lieu of similar gifts.
El-Husseini explained that investigations could reveal further gifts that officials would be required repay in compensation.
Mubarak's gifts alone valued up to LE7 million in the form of jewelry, watches, ties, leather bags and belts.
The Ahram gifts case also includes former head of the Shura Council Safwat El-Sherif and former head of the People's Assembly Ahmed Fathi Sorour.
Zakaria Azmy, Mubarak's chief of staff, paid LE250,000 as a first installment on his gift compensation.
Former members of Al-Ahram's board of directors who gave the gifts are also being investigated.
On Monday, the general prosecutor lifted a travel ban placed on 10 Mubarak-era officials after they paid off the value of gifts they received.
While the current investigation looks into gifts received from Al-Ahram during 2006-2011, it could also date back to 1984 and include more officials and more gifts.

Clic here to read the story from its source.