Court postpones Mubarak sons’ trial in ‘stock market manipulation’ to 14 October - Daily News Egypt - News Summed Up

Court postpones Mubarak sons’ trial in ‘stock market manipulation’ to 14 October - Daily News Egypt


Cairo Criminal Court postponed Wednesday the trial of Gamal and Alaa Mubarak, sons of former President Hosni Mubarak, in the case of “stock market manipulation”, to 14 October, until forming a committee of five experts to study the case and give a technical opinion, according to state media. Cairo’s Criminal Court had acquitted Salem in 2015, but the public prosecutors appealed the verdict. In October 2011, the same court sentenced Salem and his daughter and son to 7 years in prison in absentia, and fined them $4.06bn. In 2012, Spain’s Court of Appeal agreed to send Salem back to Egypt in accordance with Egypt’s request, but the Constitutional Court of Spain postponed the action again to decide if it violates his constitutional rights. In February, an Egyptian court lifted the asset freeze on the business tycoon, who was very close to the family of former President Mubarak.


Source: Daily News Egypt August 23, 2017 13:52 UTC



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