Illicit Gains Authority
Egypt market capital falls LE25 billion after Mubarak’s sons arrested
Egypt
September 17, 2018
Egypt market capital falls LE25 billion after Mubarak’s sons arrested
The Egyptian Exchange’s (EGX) market capital fell by LE25 billion, closing at LE825 billion on Sunday, after police arrested…
Mubarak-era business tycoon Hussein Salem acquitted in ‘Israel gas deal’
Egypt
May 18, 2017
Mubarak-era business tycoon Hussein Salem acquitted in ‘Israel gas deal’
The Cairo Criminal Court acquitted on Thursday Mubarak-era business tycoon Hussein Salem in his retrial in the case known as…
Illicit Gains Authority seizes funds of 18 defendants in wheat corruption case
Egypt
December 8, 2016
Illicit Gains Authority seizes funds of 18 defendants in wheat corruption case
The Illicit Gains Authority affiliated to the Justice Ministry announced Thursday the seizure of funds and property of 18 defendants…
Hussein Salem signs LE5.341 bn reconciliation deal: Illicit Gains Authority
Egypt
August 3, 2016
Hussein Salem signs LE5.341 bn reconciliation deal: Illicit Gains Authority
Chairman of the Illicit Gains Authority Adel al-Saeed has announced a reconciliation deal agreed between the authority and the fugitive…
Mubarak-era parliament speaker Safwat al-Sherif sentenced to 5 years in prison
Egypt
May 28, 2016
Mubarak-era parliament speaker Safwat al-Sherif sentenced to 5 years in prison
An Egyptian court sentenced Mubarak-era parliament speaker Safwat al-Sherif and his son to five years in prison for illicit profiteering…
Trial of Safwat al-Sherif, his two sons postponed to 30 April
Egypt
February 27, 2014
Trial of Safwat al-Sherif, his two sons postponed to 30 April
Cairo Criminal Court, headed by Judge Mohamed Khalafallah, postponed the trial of Safwat al-Sherif and his two sons to 30…
Mubarak’s detention extended for 15 days
Egypt
April 24, 2013
Mubarak’s detention extended for 15 days
Former President Hosni Mubarak has been ordered detained an additional 15 days pending further investigation into graft charges, according to…
Illicit Gains Authority investigates lands of former Al-Ahram executives
Egypt
April 17, 2013
Illicit Gains Authority investigates lands of former Al-Ahram executives
The Illicit Gains Authority plans to inventory the properties two former Al-Ahram newspaper executives after investigations suggested the…
Habib al-Adly referred to criminal court on profiteering charges
Egypt
April 1, 2013
Habib al-Adly referred to criminal court on profiteering charges
The Illicit Gains Authority decided Monday to refer former Interior Minister Habib al-Adly to criminal court on charges of illegally…
Switzerland agrees to draft law on return of smuggled funds
Egypt
February 1, 2013
Switzerland agrees to draft law on return of smuggled funds
Switzerland has agreed to draft a law governing the return of funds smuggled out of Egypt by Mubarak regime figures…