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Monday, 19 November 2018

Ex-housing minister and Alaa Mubarak’s father-in-law referred to criminal court

Ibrahim ‎‎Soliman and four of his deputies face ‎‎charges of public funds embezzlement over their dealings with state-confiscated land

Ahram Online, Wednesday 18 May 2011
Ibrahim ‎‎Soliman
Former housing minister Mohamed Ibrahim ‎‎Soliman
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Prosecutor-general Abdel Megid Mahmoud has referred former housing minister Mohamed Ibrahim ‎‎Soliman, four of his deputies and businessman Magdi Rasekh to the criminal court on ‎‎charges of embezzling public funds.
    
Investigations revealed that Soliman and his accused deputies had paved the way for ‎Rasekh, the father-in-law of toppled president Hosni Mubarak’s elder son, Alaa, to make ‎illegal profits of LE907 million.‎

Rasekh is accused of failing to fulfil financial obligations towards the government with regards to reclaiming 2,550 acres of land in ‎Sheikh Zayed City. The minister of housing should have seized them all but confiscated only 885 acres.‎

The wealthy businessman was allowed to sell the remaining land, which is ‎also regarded as illegal.‎

A large number of former ministers and governmental officials have been detained after accusations of abusing their political power to accrue illegal profits‎.

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