Masress : Mubarak's finance minister Boutros Ghali sentenced to 25 years

Egyptian hotels allowed to reopen at 50% capacity as of Monday: Tourism ministry Egyptian singer Nehal Nabil tested positive for coronavirus We Are One: Global film festival launches amid pandemic UK eases more lockdown restrictions to a wary nation EGX in green territory for 2nd consecutive session Remdesivir helped moderate coronavirus patients improve: Gilead Full squad training resumes in Spain ahead of soccer restart Egyptian Life Takaful- GIG posts premiums up to $29.6 mln in nine months US Trump took shelter in White House bunker as protests raged Zimbabwe debut on Netflix with single mother film 'Cook Off' Kremlin says Putin 'supports dialogue' after Trump's proposed G7 invite Five players to look out for when Portuguese season restarts Samsung to add memory chip line in South Korea as coronavirus boosts demand Amazon's CEO invests in UK digital freight forwarder Beacon Pope Tawadros II heads empty mass celebrating entry of Jesus Christ into Egypt Homes Real Estate anticipates EGP 750m sales for developers by year-end French soccer player apologizes for taking part in a match Trump held call with Facebook's CEO Mark Zuckerberg over protest posts We Are One film festival announces first ever co-curated programme line-up China warns US it will retaliate on moves over Hong Kong Zamalek re-hang ‘Real Club of the Century' billboard after removing CAF logo Egypt's PM orders virus treatment cost at private hospitals be capped Egyptian banks to open until 2pm in light of curfew hours UAE says Israel should back off threat to annex West Bank KHL Real Estate eyes EGP 2bn sales for developers in 2020 Construction permits temporarily suspended to stimulate sales in new cities Russia has no objection to earlier OPEC+ meeting -sources Protests escalate as Trump threatens military intervention Zayed meets EMS head, pledges to fulfil healthcare workers' demands Armed Forces neutralise 19 militants in North Sinai operations One COVID-19 case detected at Red Sea hotel as domestic tourism resumes Egyptian Football Association to hold meeting for league's future: board member Egypt considers 'gradual resumption' of int'l flights in 2nd half of June or 1st half of July: Cabinet spokesman Nike releases new ad addressing racism in America 19 takfiris killed in North Sinai operations, 5 army personnel 'killed or injured': Armed Forces Al-Sisi, Macron discuss Libya developments, agree on further consultations In Photos: Remembering Egyptian actress Madiha Yousri Veteran Hassan Hosny leaves behind 50 year star-studded legacy Farwell to 89-year old Egyptian actor Hassan Hosny Ethiopia says it won't accept Egypt's ‘historic rights' to Nile water Salah did not pressure administration to include players on team: Ghazal Egypt removes 484 illegal constructions and encroachments on Nile MACIC celebrates World Day for Cultural Diversity with webinar European football set to restart despite coronavirus Sisi congratulates Egyptians on occasion of Eid Al-Fitr Egypt's interior ministry gives gifts to families of policemen killed or injured in the line of duty Egyptian police kill 21 terrorists who plotted attacks on Eid El-Fitr Egypt's 12 MPs came into contact with coronavirus infected parliamentarian

Thank you for reporting!

This image will be automatically disabled when it gets reported by several people.

Youssef Boutros Ghali sentenced to 25 years

Egypt ex-finmin sentenced to 30 years jail

Egypt court sentences former finance minister to 30 years jail

UPDATED: Interpol Detains Mubarak's Former Finance Minister Youssef Boutros Ghali

Mubarak's finance minister Boutros Ghali sentenced to 25 years
Youssef Boutros Ghali, former minister of finance, received a 25 year prison term in absentia after being convicted of corruption

Sayed Gamaleddine Published in Ahram Online on 23 - 04 - 2013

A Cairo criminal court has sentenced Egypt's former minister of finance Youssef Boutros Ghali in absentia to 25 years in prison on charges of squandering public funds.
Prosecutors accused Youssef Boutros Ghali of squandering some LE 28 million ($ 4.1 million at current exchange rates) between 2009 and 2010, when he was minister of finance.
According to the court, Boutros Ghali allocated a contract to a British company by direct order and not through a tender offer as the law stipulates.
The contract was to print coupons for cooking gas and gasoline which were to be used in implementing a new distribution system for subsidised oil products.
Investigations also concluded that the ex-minister had deceived the prime minister at the time, Ahmed Nazif, convincing him that the deal was legal.
Egypt's Illicit Gains Authority notified the stock exchange last Wednesday that the assets of the former finance minister and his family had been frozen.
In June 2011, Boutros-Ghali was sentenced to 30 years in prison in absentia after been convicted of squandering public funds in a separate case. The court also ordered him to return LE30 million and pay an additional LE30 million in fines.
Ghali served as finance minister under former president Hosni Mubarak from 2004 to 2011. He fled Egypt in February 2011.
Ghali, who is living openly in the UK, has been issued with a “red notice” for his arrest by Interpol.
http://english.ahram.org.eg/News/69963.aspx

Clic here to read the story from its source.