News

Egypt’s Prosecutor Orders Arrest of Agriculture Officials Accused of Stealing $60 Million

Egypt’s Prosecutor Orders Arrest of Agriculture Officials Accused of Stealing $60 Million

A farmer harvests wheat on Qalyub farm in the El-Kalubia governorate, northeast of Cairo, Egypt May 1, 2016. REUTERS/AMR ABDALLAH DALSH
A farmer harvests wheat on Qalyub farm in the El-Kalubia governorate, northeast of Cairo, Egypt May 1, 2016.
REUTERS/AMR ABDALLAH DALSH

Egypt’s Prosecutor-General Nabil Sadek has issued a number of arrest warrants after an investigation into wheat corruption revealed EGP 533 million (USD 60 million) were stolen from state funds, state-owned Al-Ahram Online reported.

Sadek has also banned the suspects from travel and ordered their funds to be frozen.

According to the prosecution, officials from the Ministry of Agriculture along with silo owners forged documents to pocket EGP 533 million out of a total budget of EGP 621 million as a price for the amount of wheat that were reportedly procured.

The investigations revealed that some officials falsified lists of farmers and landowners to claim wheat procurement and that the alleged landowners used their lands for farming wheat.

The government launched an inspection in June after the reported figures of wheat procurement stirred suspicions of corruption. Egypt’s parliament formed a fact-finding committee later that month to investigate the issue.

Egypt Announces Increase in Electricity Prices
Egypt Foreign Reserves Drop by $2 Billion in July

Subscribe to our newsletter


News

More in News

Tourists Gather to Watch Alignment of the Sun on Ramses II Statue in Aswan

Egyptian StreetsFebruary 22, 2018

Egyptian Female Wins Her Case Against a Harasser in Determination to Fight Sexual Harassment

Egyptian StreetsFebruary 22, 2018

Egypt has ‘Nothing to Hide’: Al-Sisi Comments on the $US 15 Billion Natural Gas Deal with Israel

Egyptian StreetsFebruary 22, 2018

New Zoo Established in Cairo’s International Garden in Attempt to Expand Egypt’s Green Spaces

Egyptian StreetsFebruary 21, 2018

Saudi Women to Own Businesses Without Male Consent Following a Royal Decree Allowing Women to Drive

Egyptian StreetsFebruary 21, 2018

Israel Signs $US 15 Billion Deal to Export Natural Gas to Egypt

Egyptian StreetsFebruary 20, 2018

Egyptian Court Adds Former Presidential Candidate Abdel Monem Aboul Fotouh to Terror List

Egyptian StreetsFebruary 20, 2018

Khaled Ali Resigns from ‘Bread and Liberty’ Party After Sexual Harassment Accusations

Egyptian StreetsFebruary 20, 2018
Egyptian Streets is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Egyptian and Middle Eastern streets, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the region.

© 2017 Egyptian Streets. All Rights Reserved.