Gamal Mubarak and Atef Ebeid Lost 7 billion Egyptian Pounds in Privatization Scandal | ... - 1 views
-
nohaelshoky on 22 Oct 11Reports revealed new details in the on-going investigation of government privatizing and selling public-sector companies for less than their predetermined prices. These reports, compiled by the Public Funds Prosecution and the Administrative Supervisory Authority, suggest that Gamal Mubarak, son of deposed President Hosni Mubarak, Atef Ebeid, the former Prime Minister, and nine former ministers, wasted some LE7 billion in privatizing 11of 19 public-sector companies.