Ex-Mubarak minister pays LE15 million back to state

The Public Prosecution lifted a travel ban Thursday on former Industry and Trade Minister Rachid Mohamed Rachid after he repaid LE15 million to the state.

Spokesperson Mostafa Dewidar said the move is part of a reconciliation program sponsored by the government to get cash from former officials charged with squandering public funds.

Last year, Rachid was found guilty of illegally granting licenses to steel tycoon Ahmed Ezz.

However, Rachid's lawyer filed a claim with the prosecutor general’s office accusing Ezz, also a former National Democratic Party leader, of being behind the shady materials licenses.

Edited translation from Al-Masry Al-Youm

Related Articles

Back to top button