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Egyptian tycoon former industry minister sentenced for corruption - Iphone USB Sync Cable by fdhjkl rfghjtkl





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Egyptian tycoon former industry minister sentenced for corruption - Iphone USB Sync Cable by
Article Posted: 11/18/2014
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Egyptian tycoon former industry minister sentenced for corruption - Iphone USB Sync Cable


 
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CAIRO, Sept. 15 (Xinhua) -- An Egyptian court Thursday sentenced a steel tycoon, a former industrial development chief and a former industry minister to 10 and 15 years in prison for corruption in the era of ex-President Hosni Mubarak.

Steel magnet Ahmed Ezz and Amr Assal, former head of the Industrial Development Agency, were sentenced to 10 years in prison with a joint fine of 660 million Egyptian pounds (about 111 million U.S. dollars). Ezz was former organization department chief of the disbanded National Democratic Party led by Mubarak.

Former Trade and Industry Minister Rashid Mohamed Rashid, who was tried in absentia, was sentenced to 15 years in prison and a fine of 1.414 billion Egyptian pounds (about 237 million dollars).

The court convicted Rashid and Assal of granting Ezz the license of two iron factories in the Suez Free Trade Zone, while every investor was only approved one license. The court decided to revoke the licenses.

The ruling, broadcast live on state television, can be appealed at the Court of Cassation.

Rashid has already been sentenced to five years for squandering public funds and five years for embezzlement in previous cases.Egyptian tycoon former industry minister sentenced for corruption - Iphone USB Sync CableEgyptian tycoon former industry minister sentenced for corruption - Iphone USB Sync CableEgyptian tycoon former industry minister sentenced for corruption - Iphone USB Sync CableEgyptian tycoon former industry minister sentenced for corruption - Iphone USB Sync CableEgyptian tycoon former industry minister sentenced for corruption - Iphone USB Sync CableEgyptian tycoon former industry minister sentenced for corruption - Iphone USB Sync CableEgyptian tycoon former industry minister sentenced for corruption - Iphone USB Sync CableEgyptian tycoon former industry minister sentenced for corruption - Iphone USB Sync CableEgyptian tycoon former industry minister sentenced for corruption - Iphone USB Sync CableEgyptian tycoon former industry minister sentenced for corruption - Iphone USB Sync Cable

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