Last Update 0:25
Wednesday, 13 November 2019

Egyptian businessman released on bail after returning stolen funds in wheat corruption scandal

Officials in the wheat procurement sector are accused of stealing some EGP 533 million in state funds

Ahram Online , Monday 29 Aug 2016
File photo: Hassan, a 65 year-old farmer harvests wheat on field in Fayoum, Egypt. (AP)
File photo: Hassan, a 65 year-old farmer harvests wheat on field in Fayoum, Egypt. (AP)
Views: 3887
Views: 3887

Egyptian businessman Rafaat Nossair, a defendant in the ongoing wheat corruption scandal, was released on Monday on EGP 500,000 bail after he paid off the EGP 77 million in state funds he was accused of stealing, Al-Ahram Arabic website reported.

The office of the prosecutor-general stated earlier this month that its investigation into alleged corruption in the wheat procurement sector revealed that some EGP 533 million ($60 million) have been stolen by officials within the agriculture ministry in collusion with silo owners.

The prosecution says that the officials took government money slated for the buying of 222,000 tonnes of wheat from local farmers, but instead pocketed the cash while claiming that the purchase was made.

Prosecutor-general Nabil Sadek has also extended the detention period of another silo owner for 15 days pending investigations.

The prosecutor-general has issued a travel ban and frozen the assets of the defendants in the case.

A recent report by a fact-finding committee appointed by parliament has implicated former minister of supply Khaled Hanafi in the corruption scandal and recommends that he be prosecuted.

Hanafi resigned earlier this week over the scandal. 

Short link:


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.

© 2010 Ahram Online.