SCZONE chief discusses strengthening maritime, logistics cooperation with Panama    Supply minister discusses strengthening cooperation with ITFC    Egypt launches initiative with traders, manufacturers to reduce prices of essential goods    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt's bourse to launch low-volatility stock index EGX35-LV on Aug. 1    Egypt offers 'out-of-the-box' incentives to lure electric vehicle makers    Egypt's FM urges UK to pressure Israel to stop Gaza war    H. Kong's trade volume jumps in June '25    Egypt reviews health insurance funding mechanism to ensure long-term sustainability    Obama calls for aid access to Gaza, says 'no justification' for withholding food    Gaza on verge of famine as war escalates, ceasefire talks stall    Gaza crisis, trade on agenda as Trump hosts Starmer in Scotland    Egyptian president follows up on initiatives to counter extremist thought    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Egypt will keep pushing for Gaza peace, aid: PM    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt foils terrorist plot, kills two militants linked to Hasm group    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    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    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.



Monday''s papers: Corruption investigations continue and people demand a civil state
Published in Almasry Alyoum on 28 - 02 - 2011

Privately-owned Youm 7 newspaper interviews Hossam Eissa, a law professor at Cairo University and head of the committee investigating the misappropriation of public funds. Eissa explains that investigations continue on all fronts. The decision to freeze the Mubarak family's assets came quite late, said Eissa, citing 2009 documents proving the transfer of US$620 million from bank accounts in the UK to Switzerland. The former president's official salary was LE24,000 per month, which makes an investigation of his huge wealth necessary. The real problem in retrieving the money is related to bank accounts in Arab countries that have not signed anti-money laundering agreements.
State-run Al-Ahram writes that Hosni Mubarak managed his wealth through secret bank accounts in Egypt, which held LE300 million plus US$147 million. Former first lady Suzanne Mubarak is accused of managing an account on behalf of the Bibliotheca Alexandrina that received US$142.5 million from foreign grants to the library.
Zakareya Azmy, presidential chief-of-staff, has been added to the list of people prevented from leaving the country, writes state-run daily Rose al-Youssef. Saudi prince and businessman Waleed Bin Talal is among those being investigated for illegally acquiring agricultural land through personal connections.
Attorney General Abdel Maguid Mahmoud announced that evidence is being collected now as the prince is expected to challenge the charges in international courts, writes privately-owned Al-Dostour.
Former Minister of Interior Habib al-Adly's trial is scheduled for March 5. Al-Adly is facing charges of illicit enrichment and money laundering. Investigations into the security void and the shooting of protestors during the 25 January uprising continue, writes Al-Ahram. Al-Dostour writes that al-Adly denies any responsibility for violence against protestors and accuses his assistants and state security officers of giving him misleading reports. Al-Adly also hinted that Mubarak was aware of and approved all these disastrous decisions.
In an interview with privately-owned Al-Shorouk, Chancellor Mahmoud Abo al-Leil, a former minister of justice, speaks of the constitutional changes the formerly ruling National Democratic Party (NDP) pushed through to make fair presidential elections impossible. The former president's son Gamal Mubarak and other key NDP figures drafted article 76 without the Justice Ministry's participation, he said, adding that Mubarak's decision to step down has no legal value and that the army came to power in accordance to constitutional article 180.
State-run al-Akhbar writes that the Mubarak regime was planning to destroy the Egyptian banking sector through the consolidation of the four public sector banks under a holding company to be managed by a leading NDP member of, according to Tarek Amer, head of the National Bank of Egypt. He said that Head of the Central Bank of Egypt Farouk al-Okda's threats to resign if the plan was implemented and go public with the information resulted in the plan's cancellation.
The Egyptian stock exchange is scheduled to reopen this Tuesday. However, investors are planning protests today as they think it should remain closed until investigations of Mubrak regime members and businessmen are completed. The Central Auditing Agency, whose head was appointed by the former president, is calling for independence, writes Al-Shorouk.
Meanwhile, educational institutions join the protests. On Sunday students returned to school for the first time since 25 January. Many high school students marched to Tahrir Square chanting the familiar slogan “The people want to oust the regime,” writes Al-Dostour. Universities will resume work next Saturday.
Al-Shorouk writes that the Faculty of Dentistry at Cairo University has created Facebook groups to call for the Dean's resignation and object to the appointment of key figures by national security. Student unions were dissolved and elections held for them within 60 days, writes al-Akhbar. The president of the university dismissed university guards appointed by the Ministry of Interior and will instead hire security guards in compliance with the ruling of the Supreme Administrative Court, writes Al-Dostour.
On sectarian fears, Sheikh Mohamed Hassan, a Salafi thinker, told Al-Gomhorriya that the second article of the Constitution--stating that Islam is the state's official religion--should stay and that it secures the rights of the Egyptian Coptic community. On his position on the participation of Salafis in political life, Hasan explained that the parliament will be having an increasing role in legislation and that Salafis should participate, while maintaining moderate views. The Muslim Brotherhood announced that it accepts Copts as members and leaders in the new Horreya party, writes al-Dostour. Al-Shorouk adds that Christians have confirmed their wish to be represented through constitutional and civil institutions rather than the Church.
In other news, Zahi Hawass, the Minister of State for Antiquities, tells Al-Akhbar that Egyptian monuments are still endangered. Mobs have been attacking and looting archaeological sites, while civilians destroy historical sites and build on surrounding lands.
Egypt's papers:
Al-Ahram: Daily, state-run, largest distribution in Egypt
Al-Akhbar: Daily, state-run, second to Al-Ahram in institutional size
Al-Gomhorriya: Daily, state-run
Rose al-Youssef: Daily, state-run, close to the National Democratic Party's Policies Secretariat
Al-Dostour: Daily, privately owned
Al-Shorouk: Daily, privately owned
Al-Wafd: Daily, published by the liberal Wafd Party
Al-Arabi: Weekly, published by the Arab Nasserist party
Youm7: Weekly, privately owned
Sawt al-Umma: Weekly, privately owned


Clic here to read the story from its source.