Two acquitted in Egypt over Mubarak-era corruption
Egypt’s criminal court acquitted former ministers of tourism and housing Zuhair Garana and Ahmed El-Maghrabi of corruption charges on Saturday.
Both former ministers served under the toppled president Hosni Mubarak and were accused of squandering public funds and selling state-owned lands in Hurghada and Ain Sokhna below their real values.
Garana and El-Maghrabi remain imprisoned in Cairo’s Tora on other charges.
An Egyptian court ordered in February the retrial of Garana who was sentenced to three years on corruption charges related to issuing licenses to tourism agencies that he and his business acquaintances owned.
In December, Egypt's Court of Cassation cancelled a verdict incriminating El-Maghrabi for squandering and profiteering from public funds. In May 2011, he was sentenced to five years in prison and fined for his part in an illegal land deal.
- Trouble getting them, trouble keeping them? Middle East firms challenged in attracting, retaining talent
- Does capitalism provide a solution to terrorism?
- No pain, no gain: Tunisian economy needs three years of tough love before rebounding
- How will MENA economies look in 2015?
- Sanctions face-off: Iran to unveil its corporate side in London next week