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EFSA will not renew contracts with corrupt figures
DOAA GHONEIM SAMAR SAMIR Published in Youm7 on 27 - 06 - 2011

CAIRO: The Egyptian Financial Supervisory Authority (EFSA) will not renew its contracts with corrupt figures who are being investigated in cases related to Ala Mubarak, revealed sources.
The sources added that those corrupt figures include EFSA's former chairman, Ahmed Saad Abdel-Latif. Abdel-Latif is currently banned from traveling abroad after becoming a suspect in the case of Palm Hills, a compound in the 6th of October.
Abdel-Latif was involved with Alaa Mubarak in buying land for Palm Hills at a very cheap and manipulated price.
The meeting for the board of directors will be held today and will consider renewing the contracts for employees whose contract duration is almost ending.

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