Egypt's former PM Ebeid to be investigated

Ahram Online, Tuesday 28 Jun 2011

Former prime minster Atef Ebeid is accused of wasting public funds

Egypt’s former prime minister Atef Ebeid along with former minister of public enterprise Mukhtar Khattab have been transferred to the general prosecution for investigation.

The two ministers will be questioned about their responsibility in selling the Arab Company for Foreign Trade for much less than its value which resulted in the waste of public funds. The Prosecution Administrative Authority, which gave the order for transferral, also asked the Council of Ministers to cancel company’s sale contract.

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