The Public Funds Investigations (Ministry of Interior) unveiled that businessman Nabil el-Boushi, accused of fraud together with his partner (director of Optima Global Holdings), has no money left on his accounts in Egyptian banks. The investigations also found out that all his money has been transferred to banks outside Egypt, especially Canadian ones. Meanwhile, more and more notifications have been sent to the Public Prosecutor by the victims, including former Egyptian footballer Ali Abou Garisha, as the defendant, according to the investigations, has stolen some $900,000 from him. Abou Garisha said he sent the notification to defend his material rights. According to the investigations, Mahmoud el-Khateeb [very famous former Egyptian player] has deposited some $2 million into the defendant's company and has only withdrawn $1 million. According to sources, El-Khateeb did not intend to submit any notification against the defendant, but he changed his mind after people close to him advised him to do so. Nashwa Mohamed Ahmed, a victim from the UAE, said el-Boushi phoned her and begged her to wait a little bit until he could give her money back to her. As for Mona Abdel Razik, an Egyptian victim, she said she had deposited into his company $300,000 and left the interests there so that they could be accumulated. El-Boushi's lawyer, Maher Iskandar, responded to the victims' statements saying that most of those victims had obtained more than they were entitled to, as they got 101% of interest during one of the past years. The lawyer said that the victims had no money left at the company and that each depositor had signed a paper which included a sentence saying that the company and all its representatives would not be held responsible for any losses resulting from "the abovementioned investments". The lawyer also said the company had lost its money at the stock exchange. Meanwhile, Cairo Court of Appeal passed yesterday a ruling upholding Public Prosecutor Abdel Maguid Mahmoud's decision to unveil the secret accounts of Nabil el-Boushi, his wife Nasreen Osama el-Manawi and their sons Osama and Omar. Agriculture Minister Amin Abaza threatened the company to sue it if the investigations unveiled that it had mentioned his name in the case or that it had alleged that the minister had something to do with the company itself. In a statement issued yesterday, the minister said frauds on customers happen on a daily basis.
