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Saturday, 22 February 2020 21:13

Innocence of Alaa and Gamal Mubarak

 From the issue of manipulation of the stock market From the issue of manipulation of the stock market

The Egyptian Police Academy, Cairo Criminal Court: The sons of the former Egyptian President, Mohamed Hosni Mubarak, received a verdict of innocence in the case known to the media as "manipulating the stock exchange."

The Cairo Criminal Court, held at the Egyptian Police Academy, issued a verdict of innocence of: Ahmed Fathi Hussein Suleiman, Yasser Suleiman Hisham El-Mallawany, Ahmed Naeem Ahmed Badr, Hassan Mohamed Hassanein Heikal, Gamal Mohamed Hosni El Sayed Mubarak, Alaa Mohamed Hosni El Sayed Mubarak, Amr Mohamed Ali The judge, Hussein Lotfi Subhi Al-Sherbiny.

The Public Prosecutor had assigned Gamal Mubarak the charge of participating in a way of agreeing and assisting with public officials in the crime of profiting and obtaining for himself and his companies unlawfully sums of money estimated at 493 million, 628 thousand and 646 pounds.

The prosecution also assigned Alaa Mubarak; the charge of participating with public officials by way of agreement and assistance in committing the crime of profiting and obtaining financial amounts estimated at 12 million and 253 thousand and 442 pounds through his purchase of shares in a bank, based on the information obtained from the other defendants.

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