public funds

Salafis, Brotherhood reject former officials’ money-for-release offer
Egypt

Salafis, Brotherhood reject former officials’ money-for-release offer

The Muslim Brotherhood’s Freedom and Justice Party and the Salafi-led Nour Party have rejected that the detained officials of the…
Legal expert: Offer to trade wealth for settlement legal for Ezz, not for Maghrabi
Egypt

Legal expert: Offer to trade wealth for settlement legal for Ezz, not for Maghrabi

Head of the North Cairo Criminal Court Hassan Hassanein said that only Ahmed Ezz would be eligible to relinquish his…
Former ministers sentenced to 10 years in corruption case
Egypt

Former ministers sentenced to 10 years in corruption case

The Giza Criminal Court on Thursday sentenced former Prime Minister Atef Ebeid and former Agriculture Minister Youssef Wali to 10…
Court ruling on former housing minister 29 March
Egypt

Court ruling on former housing minister 29 March

The Cairo Criminal Court will issue its verdict in the two cases against former Housing Minister Mohamed Ibrahim Suleiman on…
Parliament to question PM, cabinet members on economy, security
Egypt

Parliament to question PM, cabinet members on economy, security

The People's Assembly will question Prime Minister Kamal al-Ganzouri Tuesday about economic and security issues. The ministers of defense, interior,…
3 former ministers acquitted of squandering public money
Egypt

3 former ministers acquitted of squandering public money

The Cairo Criminal Court on Tuesday acquitted three former ministers of charges of squandering public funds. The Public Prosecution had…
Suzanne Mubarak under investigation over foreign funds
Egypt

Suzanne Mubarak under investigation over foreign funds

Suzanne Mubarak is facing investigation and possible criminal charges relating to the misuse of foreign aid. The investigation represents the…
US$6.3 billion transferred out of Egypt in 2010
Business

US$6.3 billion transferred out of Egypt in 2010

Funds amounting to US$6.3 billion were transferred out of Egypt in 2010, according to Global Financial Integrity (GFI). “Egypt is…
New bill bans luxury car purchases with public funds
Business

New bill bans luxury car purchases with public funds

Economic sectors of the government will now have to obtain approval from the minister of economic development before using public…
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