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Govt agency gave LE16.8 million to organizations run by Mubaraks
Published in Almasry Alyoum on 03 - 10 - 2011

The cabinet's Social Development Fund allocated millions of Egyptian pounds to organizations run by former First Lady Suzanne Mubarak and her son Gamal, documents obtained by Al-Masry Al-Youm reveal.
The payments were made even though the organizations were not among the recipients targeted by the fund.
Suzanne Mubarak's Heliopolis Association, and Gamal's Future Generation Foundation (FGF) obtained grants worth LE16.8 million during the period 2006-2009.
Informed sources who asked not to be named told the newspaper that neither organization meets the fund's declared goals of combatting unemployment and poverty. They added that grants were disbursed without squaring earlier allocations given to the same entities.
According to the documents, the fund's former chairman, Hany Saif al-Nasr, paid monthly sums worth LE105,000 to the chief editors and board managers of 14 newspapers, seeking to forge good relations with them.
Saif al-Nasr also spent the fund's money on his 2010 parliamentary elections campaign, the documents showed.
One document says Saif al-Nasr paid LE210,000 for 15 newspapers to publish a statement he made at the Shura Council.
Translated from the Arabic Edition


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