Fresh corruption charges against Mubarak & sons
The Egyptian Administrative Control Authority (ACA) revealed on Tuesday that a new corruption case would be launched against ousted president Hosni Mubarak and his two sons Alaa and Gamal.
The case involves the alleged squandering of LE1 billion ($145 million at today's prices), state news agency MENA reported.
ACA, a state body that deals with issues of financial corruption, accuses Mubarak and his sons of taking money for contracting work at presidential palaces which never actually took place; instead, they allegedly used the money to construct personal residencies in Cairo.
MENA reported that one on the main people accused in the case gave the authorities detailed information during the investigations.
A retrial for Hosni Mubarak, who was handed life sentences in June 2012 for the killing of protesters during the January 25 revolution, will begin on 13 April.
- Will mega sporting events give the MENA the economic boost it needs?
- To avoid real estate bubble, Dubai sets stage for more regulation
- Taking an (im)moral stance: Qatar refuses to set deadline for improving workers' conditions
- With its new property regulation laws, Dubai's government might be sticking its nose in your holidays
- It might not be Dubai, but it's attainable: Real estate options to invest in in Saudi Arabia