Egypt, Elsewedy review progress on Ain Sokhna phosphate complex    US employment cost index 3.6% up in year to June 2025    Egypt welcomes Canada, Malta's decision to recognise Palestinian state    Pakistan says successfully concluded 'landmark trade deal' with US    Sterling set for sharpest monthly drop since 2022    Egypt, Brazil sign deal to boost pharmaceutical cooperation    Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Egypt exports first high-tech potato seeds to Uzbekistan after opening market    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    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    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    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    







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Spanish prosecutors agree to extradite daughter of Egypt fugitive business tycoon
Published in Bikya Masr on 17 - 01 - 2012

CAIRO: Spanish prosecutors on Tuesday approved of a request from the Egyptian government to extradite Magda Hussein Salem, the daughter of the famous fugitive Egyptian business tycoon Hussein Salem.
On Tuesday, the Spanish court heard statements from the prosecution, the Egyptian government, Salem herself, as well as her defense team.
The Spanish General Prosecution stressed that it approve of the Egyptian request to extradite Magda Salem, as the evidence, documents and and investigations provided by the Egyptian government met the legal requirements for extradition.
The Spanish court said it would also hold a session on February 9 to consider the request to extradite Hussein Salem himself. Another court session will take place on Thursday regarding a request to extradite Hussein's son Khaled as well.
Hussein Salem, an associate of former President Hosni Mubarak, was sentenced to seven years in jail and fined US $4 billion for profiteering and money laundering in October.
Salem was a partner in the East Mediterranean Gas Co, and was accused of selling natural gas to Israel at a discounted price.
According to the courts, he made about US $2 billion in money laundered from the gas deal.
Salem and his children were sentenced in absentia, as they fled Egypt for Spain when the protests that overthrew the former regime started last January.
Former president Hosni Mubarak is being investigated under the same charges.
BM
ShortURL: http://goo.gl/nCymL
Tags: Corruption, featured, Hussein Salem, Magda Hussein Salem
Section: Business, Egypt, Latest News


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