Mubarak and his sons were charged of acquiring almost Egyptian 126 million pounds from the presidential palace budget and using the money for the construction and development of family-owned assets.
They were also charged with forging official documents and damaging public property.
In May 2014, Mubarak and his sons each were sentenced to three years in a maximum security prison on these embezzlement charges.
Collectively, they were fined Egyptian 125 million pounds and are required to repay Egyptian 21 million pounds.
The court today refused the appeal and confirmed the release of Mubarak's two sons.
Mubarak was Egypt's president for nearly 30 years before being ousted by Mohammed Morsi in an uprising in 2011 following mass protests against his rule.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
