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Egypt Arrests Ex-President Mubarak's Sons For Embezzlement

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Pete
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Egypt Arrests Ex-President Mubarak's Sons For Embezzlement

Post by Pete » Sat Sep 15, 2018 4:22 pm

Egypt arrests ex-President Mubarak's sons for embezzlement

The two sons of former Egyptian President Hosni Mubarak have been arrested for alleged stock market manipulation.

Alaa and Gamal Mubarak are accused of breaking stock market and central bank rules, state news agency Mena reported.

The case against them began in 2012, after their father was deposed the year before. The pair had been out on bail for the past three years.

The brothers - who deny any wrongdoing - will appear in court on 20 October.

The Cairo court also ordered the arrest of three others, and the defendants collectively face charges of embezzling 2bn Egyptian pound ($115m; £88m).

Both Alaa, 57, and Gamal, 54, are charged with embezzling at least 494m Egyptian pound after they decided to sell the National Bank of Egypt for profit.
Full Story BBC News Middle East
Thigibh a nis le buidheachas
n a gheataibh-san a steach,
Is thigibh fòs le maladh mòr
an cùirtibh naomh a theach :
Is thugaibh dha mòr-bhuidheachas,
ainm beannaichibh gu binn.


"Beware of the false prophets! They come to you wearing sheep's clothing, but underneath they are hungry wolves! You will recognize them by their fruit. Can people pick grapes from thorn bushes, or figs from thistles?
Matthew 7: 15-16 Complete Jewish Bible

Dear friends, don't trust every spirit. On the contrary, test the spirits to see whether they are from God; because many false prophets have gone out into the world.
1 John 4:1 Complete Jewish Bible

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