Rachid and his family have reconciled with the state in financial corruption cases through the committee, after paying LE500 million. Rachid's lawyers filed requests with the criminal court to retry Rachid in three financial corruption cases, where he has already been sentenced to prison in absentia. Rachid was accused in two cases of profiting from his position and in the third case of illicit gains along with his daughter Alia. In August 2014, he was sentenced in absentia to 15 years in prison over illicit gains charges. Meanwhile, the Illicit Gains Authority announced in August 2016 another reconciliation deal with Mubarak-era tycoon Hussein Salem, after he agreed to waive 75 percent of his and his family's wealth.
Source: Egypt Independent December 05, 2016 12:42 UTC