Amwal Al Ghad English - 2017-01-22 07:49:28
The Egyptian authorities arrested the finance minister's adviser for receiving one million Egyptian pounds (over 53,000 U.S. dollars) from a contractor as part of a larger bribe for mispricing a state-owned land, the Egyptian state TV reported.
According to the Administrative Control Authority (ACA), the country's official anti-corruption body, the corrupt official was scheduled to get a total bribe of four million pounds (more than 212,000 dollars) to misprice the land of a tourist village that would cause the state a loss of about half a billion pounds (26,595 dollars).
The case is part of a massive anti-corruption campaign launched by Egypt over the past few years that led to the arrest and imprisonment of several officials and senior employees and the retrieval of large amounts of money.
In April 2016, Egyptian former Minister of Agriculture Salah Helal and his deputy were sentenced to 10 years in prison over receiving bribes to grant state-owned land licenses to prominent Egyptian businessman. Helal was fined one million pounds (53,191 dollars) while his deputy was fined half a million (26,595 dollars). More»