Last Update 21:44
Tuesday, 17 September 2019

Egypt minister denies talks with Mubarak-era trade minister Rachid

Industry Minister Mahmoud Eissa refutes claims Mubarak-era minister Rachid Mohamed Rachid will be allowed reentry to Egypt pending repatriation of funds

Ahram Online, Friday 23 Mar 2012
Former Mubarak ministers
Egypt's former housing minister Ahmed El-Maghrabi (R) and former tourism minister Zuhair Garana behind court bars. (Photo: Reuters)
Views: 865
Views: 865

Industry Minister Mahmoud Eissa on Thursday denied the government had entered into negotiations with former trade minister Rachid Mohamed Rachid about permitting the latter's return to Egypt following the repatriation of funds he sent abroad.

In September 2011, Rachid was sentenced to 15 years in absentia on graft charges related to the illegal sale of steel licenses. He was fined LE1.4 billion and ordered to refund the profits he illegally acquired through the sale of steel contracts.

Reconciliation with members of the former regime – many of whom are in Tora Prison or have fled abroad – will depend on the popular consent of the Egyptian people, Eissa said.

Last week, Finance Minister Momtaz El-Said revealed the government was talking with Mubarak-era officials, who had offered to pay back illegally acquired money in exchange for their freedom.

The minister said negotiations were underway with Ahmed Ezz, former tourism minister Zoheir Garana and former housing minister Ahmed El-Maghrabi.


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.