File Photo: Mubarak-era business mogul Hussien Salem (Photo: Al-Ahram)
Egypt’s prosecution asked the Interpol on Thursday to lift the names of once-fugitive Egyptian business tycoon Hussein Salem and his family off its Red Notice Wanted list.
The prosecution also notified immigration of the removal of Salem and his family’s names from airport watchlists.
The latest move by Egypt comes following a final reconciliation between the Mubarak era businessman and the Egyptian government.
Last August, Egypt's prosecutor-general Nabil Sadek sent a request to judicial authorities in Switzerland, Spain and Hong Kong to unfreeze Salem’s assets and funds abroad after the business mogul gave up EGP 5.3 billion (approx. $596.5 million) to the government.
Salem, 82, fled to Spain shortly after Egypt’s 2011 uprising that overthrew long-time president Hosni Mubarak.
He has received two jail terms in absentia over corruption charges including squandering public funds, profiteering and money laundering.
Salem was a major shareholder in East Mediterranean Gas, which exported gas to Israel.