Justice Minister Ahmed al-Zend said Salah Diab, founder of Al-Masry Al-Youm, repaid every penny of the government’s dues.
In an interview aired on privately-owned channel Sada al-Balad on Wednesday, the minister said the reports against Diab he received proved to be inaccurate.
He added that around 150 investment issues with values reaching LE17-18 billion were settled.
In November, Diab and his son Tawfik, the CEO of PICO International Petroleum, were arrested over charges of unlicensed arms possession and financial corruption.
Edited translation from Al-Masry Al-Youm
