After a 10-month long investigation, the Illicit Gains Authority has referred former prime minister Ahmed Nazif to the criminal court on charges of abusing his authority to accumulate a fortune.
According to the authority's investigations, Nazif, illegally amassed LE64 million.
The authority called on the court to fine him LE128 million, twice the amount he and his sons are accused of stealing.
According to the prolonged investigations, Nazif illegally acquired land and an apartment in the affluent residential towers of San Stefano, Alexandria.
He also founded the Developing the Child and Community initiative in Smart Village, Egypt’s largest business compound. He is accused of using the organisation for his own financial gain. Nazif, the investigations say, abused his power as prime minister to force governmental institutions to donate LE35 million to the organisation.
Drawing on his power, Nazif also appointed his wife and both of his sons to prestigious positions that paid them undocumented bonuses.
Nazif, who was appointed prime minister in 2004, was dismissed along with his cabinet by Mubarak in an attempt to appease protesters during the 18-day uprising that ousted the president.