Egypt court orders arrest of Mubarak’s sons

Former Egyptian leader, Hosni Mubarak [Photo: CNN.com]
Former Egyptian leader, Hosni Mubarak [Photo: CNN.com]

An Egyptian court on Saturday ordered the arrest of the two sons of former President Hosni Mubarak on charges of stock market manipulation, state media reported.

The Cairo Criminal Court accuses Alaa and Gamal Mubarak of being involved in making unlawful profits of about 500 million pounds (about 28 million dollars) from manipulating stock market shares.

Saturday’s order includes three other defendants.

All the defendants were being tried while they were at large after they had been released on bail in the case.

The court set Oct. 20 for a trial.

Egypt’s long-time dictator Hosni Mubarak was toppled in 2011 after nationwide protests against him.

In 2015, Alaa and Gamal were sentenced along with their father to three years in prison on charges of embezzling state funds allocated for renovating presidential palaces. They were released in this case as they had already served the jail term in custody.

Gamal was widely expected to succeed his father as president before the 2011 uprising. (dap/NAN)

Support PREMIUM TIMES' journalism of integrity and credibility

 

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required

DOWNLOAD THE PREMIUM TIMES MOBILE APP

Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: New Discovery! Click Here To See A Miracle Device That Can Cure DIABETES, BLOOD PRESSURE, STROKE, ARTHRITIS, PAINS, OBESITY And 50 Other CHRONIC DISEASES Without Drugs Or Herbs.. Click Here Now To See It


All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.