The parliament’s Industry Committee, chaired by member of parliament (MP) Ahmed Samir, decided to summon the ministers of industry, business, manpower, and finance to respond to the note submitted by MP Abdul Hamid Kamal to stop selling Misr for Dairy and Food Company products. During the discussion of the note at the committee on Tuesday, Kamal accused the government of selling major companies to the private sector at a cheap cost. He noted that Misr for Dairy and Food Company was one of the largest companies in its field in the Middle East, where it used to secure the entire country’s need of these products. He pointed out that there is an indication of corruption in selling the company, especially at the cheap price offered for it, compared to the size of its assets. MP Kamal said that the products of the company were sold at affordable prices through outlets and distributors across Egypt.

Source: Daily News Egypt March 15, 2017 13:18 UTC