Egyptian court release Mubarak's sons in embezzlement case

Image
Press Trust of India Cairo
Last Updated : Nov 15 2016 | 5:57 PM IST
An Egyptian court today ordered the release of Alaa Mubarak and Gamal Mubarak, sons of former president Hosni Mubarak in an embezzlement case after rejecting the government's appeal against freeing them.
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.
In 2015, the criminal court ordered their release, but the verdict was appealed by the general prosecutor.
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

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Nov 15 2016 | 5:57 PM IST

Next Story