Last Update 0:25
Wednesday, 13 November 2019

Mubarak's sons deny charges in new graft trial

Gamal and Alaa Mubarak plead not guilty to charges of stock market manipulation on first day of new trial on Monday

Ahram Online, Monday 9 Jul 2012
Gamal and Alaa Mubarak
Gamal (L) and Alaa Mubarak, sons of former Egyptian President Hosni Mubarak, stand inside a cage at a courtroom in Cairo (Photo: Reuters)
Share/Bookmark
Views: 629
Share/Bookmark
Views: 629

Gamal and Alaa Mubarak, the sons of jailed former president Hosni Mubarak, on Monday pleaded not guilty to charges of violating stock market and central bank rules to make unlawful profits through dealing of shares in Al-Watany Bank of Egypt.

Gamal Mubarak said the allegations against him were false and baseless, whilst his older brother, Alaa, said the charges were "lies and slanderous."

Also on trial at Cairo's Police Academy Court on the same charges are two chief executives of investment bank EFG-Hermes, Hassan Heikal and Yasser El-Mallawany, and five other defendants.

 

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.