Financial compensations in the amount of LE40,000 ($6,550) will be distributed to the families of those killed - mostly children - in the bus-train accident in Assiut says Governor Yehia Keshk.
The Assiut governor further denied claims spreading on social networks that the amount was initially set at LE5000 ($820).
Governor Keshk clarifies to Ahram Online that "The governorate will pay LE5000 and the Nasser bank will match that. The development ministry will give LE10000 [$1640] and the transportation ministry will give an additional LE 20,000 [$3,280]."
According to the governor the death toll has reached 51, including the bus driver and the children's chaperon.
On Saturday a bus full of children aged four - six on a trip organised by their nursery was hit by a train in Al-Manfalout village in Upper Egypt's Assiut.
On Saturday - the day of the accident - officials from the Railway Authority claimed that the bus driver drove the school bus over the tracks despite the fact that the warning lights and sirens were sounding.
On Sunday, however, assistant head of the Railway Authority in Upper Egypt claimed that the Mandara rail track (where the accident took place) is not even equipped with sirens.
The victim's families accuse the crossing guard of sleeping on the job.
Currently being questioned over the accident are the transportation minister, the head of the Railway Authority and the crossing guard.