Egyptian court orders arrest of sons of former president Mubarak in stock market manipulation case

Ahram online , Saturday 15 Sep 2018

Gamal Mubarak (L) and Alaa Mubarak (R) (File Photo:Reuters)

An Egyptian court ordered on Saturday the detention of the two sons of former president Hosni Mubarak in the 2012 stock market manipulation case pending trial, and transferred them to Tora prison.

Gamal and Alaa Mubarak were attending the court session when the judge issued his orders.

The Mubarak sons first stood trial in the stock market case in May 2012, but the trial was suspended in 2013 so that the prosecution could include other defendants.

Seven other defendants were also charged along with Mubarak’s sons in the case.

Last March, the court delayed the trial for three more months, pending a report by a technical committee on the case.

In a separate corruption case, Gamal and Alaa were convicted along with their father in 2014 on charges of embezzling EGP 125 million ($16 million in 2015) from funds earmarked for maintenance of presidential palaces. They were sentenced to four years in jail but an appeals court reduced the sentence in 2015 to three years and ordered them free due to time served.


Short link: