Egypt's current account gap narrows, but overall BoP records deficit    Egypt's PM reviews debt reduction strategy, eyes more private investment    Egypt hosts international neurosurgery conference to drive medical innovation    Egypt, India discuss expanding industrial, investment partnerships    World Bank proposes Egypt join new global health initiative    Egypt's EDA discusses Johnson & Johnson's plans to expand investment in local pharmaceutical sector    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Egypt welcomes 25-nation statement urging end to Gaza war    Egypt, Senegal sign pharma MoU to unify regulatory standards    Egyptian pound ticks down in early Tuesday trading    Famine kills more Gaza children as Israel tightens siege amid global outrage    Kuwait's Crown Prince, Egyptian minister discuss strengthening cooperation    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Egypt's FM seeks deeper economic, security ties on five-nation West Africa tour    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt foils terrorist plot, kills two militants linked to Hasm group    Egypt, Somalia discuss closer environmental cooperation    Egypt exports 175K tons of food in one week    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, Uruguay eager to expand trade across key sectors    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    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.



Former ministers and steel tycoon face corruption charges
Published in Almasry Alyoum on 19 - 02 - 2011

The Attorney General started investigations into four former state officials on Friday.
Former Minister of Interior Habib al-Adly, former Minister of Tourism Zoheirr Garranah, former Minister of Housing Ahmad al-Maghrabi, and the business tycoon and National Democratic Party leader Ahmad Ezz are being investigated.
Al-Adly faces charges of money laundering and profiteering. On 7 February the Money Laundering Combating Unit was notified by Banque Misr that a transaction that may have involved money laundering was carried out. Mohamed Fawzi, a partner in a contracting company, deposited LE4.5 million in October 2010 in al-Adly's current account. The size of the sum and the identity of the person who deposited it raised doubts about the transaction's legality.
Al-Adly denied the charges and was sent to prison for 15 days pending further investigation.
Garranah was also interrogated over corruption charges. He faces charges relating to his decision to stop granting permits for new tourism companies, as he allegedly made exceptions and granted land to people close to him.
Garranah also denied the charges, saying he halted all permits, but the prosecution showed him documents carrying his signature and giving permits to certain businessmen, including Yassin Mansour, Mohamed Mansour, and Shahinaz al-Naggar. Garranah said he did not know anything about these documents and requested time to bring other documents to prove the charges wrong.
He will remain in custody for 15 days pending further investigation, and furthermore will face charges of granting land to people he knows at extremely low prices--as low as US$1 per meter.
Al-Maghrabi also faces corruption-related charges, accused of allocating 113 feddans in the 6th October city to Palm Hills Development, in which he is a partner. He denied the charges and requested time to get documents to prove his innocence. His lawyer, meanwhile, presented documents which he said disprove the charges.
Al-Maghrabi was sent to prison for 15 days pending further investigations, and will also be summoned to face other charges. These include the allegation that he helped Palm Hills Developments win the bid for Aswan's Amoun Village hotel (previously owned by Misr Travel) in an auction. He is also charged with facilitating the encroachment of land owned by the Egyptian General Company for Tourism and Hotels.
Ezz meanwhile, is charged with the illegal acquisition of two permits to establish two steel factories in the free zone in Suez, which represents a waste of public money. Ezz said he has the biggest steel factory in the Middle East and deserves to be granted two permits.
He, too, asked for time to present documents to prove the falsity of the charges and was also imprisoned for 15 days pending further investigation.
Translated from the Arabic Edition.


Clic here to read the story from its source.