EGX’s Complaint To Prosecutor General Aims Its Stability; Vice Chairman Says
Judge Khaled El-Nashar, Vice Chairman of the Egyptian Exchange, said the EGX management has filed a complaint to the Prosecutor General amid the sit-in staged by a group of hardcore fans ‘Ultras’ this morning outside the bourse’s headquarters seeking to disrupt its daily trading session.
El-Nashar asserted that the concerned authorities have to ensure the stability of EGX’s headquarters Downtown as for the bourse is one of the country’s vital financial institutions.
Meanwhile, the country’s Prosecutor General Talaat Abdallah has referred the EGX’s complaint in regard to the Ultras’ sit-in outside the headquarters in Downtown to Central Cairo Prosecution.
Earlier on Wednesday, dozens of the hardcore Ahli fans, or “Ultras”, were gathering outside the Egyptian Exchange’s headquarters in Downtown seeking to disrupt its trading session as a form of expression.
The Ultras groups were gathering as the Egyptian court’s hearing of Port Said football massacre is coming up on Saturday 26 February 2013.
Witnesses said dozens of the hardcore Ahli fans started to mass beside the EGX’s headquarters at around 09:00 a.m. Cairo time (07:00 GMT) noting that the number was still remarkably increasing chanting some slogans demanding severe retribution for the Port Said massacre perpetrators.
EGX sources told ‘Amwal Al Ghad’ that the Ultras’ gathering would not disrupt Wednesday’s trading session noting that the bourse will normally start its operations at 10:30 a.m.
The sources also added that its management was expecting such action as major events such as the second anniversary of the January Revolution and the court’s hearing of Port Said football massacre are coming up very soon. Accordingly, the management has adopted all the necessary procedures to prepare for any potential violence that could disrupt the headquarters’ activities.
