Asian markets edge lower on Wednesday    Oil prices dip on Wednesday    Egypt scraps parliamentary election results in 19 districts over violations    Egypt's public prosecution hands over seized gold worth $34m to central bank    Finance ministry pushes trade facilitation with ACI rollout for air freight    Abdelatty stresses Egypt's commitment to peaceful conflict resolution    Deep Palestinian divide after UN Security Council backs US ceasefire plan for Gaza    Health minister warns Africa faces 'critical moment' as development aid plunges    Egypt's drug authority discusses market stability with global pharma firms    SCZONE chair launches investment promotion tour in France    Egypt extends Ramses II Tokyo Exhibition as it draws 350k visitors to date    Egypt signs host agreement for Barcelona Convention COP24 in December    Gold prices fall on Tuesday    Regional diplomacy intensifies as Gaza humanitarian crisis deepens    Egypt's childhood council discusses national nursery survey results    Al-Sisi urges probe into election events, says vote could be cancelled if necessary    Filmmakers, experts to discuss teen mental health at Cairo festival panel    Cairo International Film Festival to premiere 'Malaga Alley,' honour Khaled El Nabawy    Cairo hosts African Union's 5th Awareness Week on Post-Conflict Reconstruction on 19 Nov.    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    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    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.



CBC chairman accused of tax evasion, banned from travel
Published in Almasry Alyoum on 27 - 06 - 2013

An official source at the Ministry of Investment on Thursday said the Finance Ministry filed a complaint against CBC satellite channels owner Mohamed al-Amin for allegedly evading some LE427 million in taxes by selling his shares in a real estate and tourism development company.
Amin has been banned from travelling outside Egypt.
The source did not specify when the complaint was filed, but it is likely to have been on Wednesday evening.
Amin's travel ban was at the request of the Tax Authority, the source added.
CBC, home to popular comedian Bassem Youssef, has repeatedly criticised President Morsy's performance during his first year as president.
Earlier on Thursday, Amin announced he would pursue legal action against Morsy after the Egyptian leader accused him of tax evasion in his Wednesday evening speech.
In a phone-in with a talk show on CBC, al-Amin said: "The content of Morsy's speech is not suitable for a president and constitutes an incitement to kill Mohamed al-Amin."
Amin added that he was notified of the decision banning him from travel, but was not told what allegations he faced. "I am in Egypt and will never leave it," he said.
In his speech on Wednesday, Morsy had said: "There are honest businessmen in Egypt and there are [on the other hand] Mohamed al-Amin, who owes taxes and whose channel harasses us and Ahmed Bahgat who owes banks LE3 billion and whose channel also harasses us. Nobody will escape justice."
Islamists have repeatedly accused Egypt's privately-owned media of smearing the regime and inciting civil disobedience against it.
The first year of Morsy's presidency has seen several lawsuits against journalists and media professionals - including Tahrir TV anchor Dina Abdel Fattah and El Bernameg host Bassem Youssef - accusing them of bad-mouthing the president and insulting Islam.
Edited Translation from Al-Masry Al-Youm


Clic here to read the story from its source.