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Wednesday, 12 December 2018

Egypt court hears appeal by PM Qandil on Saturday

Court hears appeal by PM Hisham Qandil against verdict in case related to privatisation of Tanta Flax and Oil Company

Ahram Online , Wednesday 5 Jun 2013
Views: 1242
Views: 1242

Egypt’s Misdemeanor Court will on Saturday announce its decision on an appeal filed by Prime Minister Hisham Qandil against a ruling that ordered his dismissal.

On 17 April, Qandil was given a one-year suspended sentence with LE2,000 bail by Dokki Misdemeanor Court for failing to implement a verdict by the Administrative Court that had ordered the renationalisation of the Tanta Flax and Oil Company, and rendered invalid the company's sale to Saudi businessman Abdullah Al-Kaaki.

The company was privatised in 2005 for less than its market value, forcing hundreds of workers into retirement, and depriving some workers of their annual bonuses.

The lawsuit against Qandil was brought by a number of company employees.

The court verdict also ordered the dismissal of Qandil from his post as prime minister.

Qandil was appointed prime minister in August 2012 by President Mohamed Morsi. He was formerly the irrigation minister.

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