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

Egypt to Receive 56,000 Tank rounds as Part of $99 Mn Arms Deal with US

Taha Mahmoud SakrSeptember 19, 2018

Egypt Planning to Establish Anti-Cancer Drug Factory

Mirna AbdulaalSeptember 18, 2018

Sandstone Sphinx Statue Discovered in Kom Ombo

Sara AhmedSeptember 16, 2018

UN Adopts Egyptian Resolution On Preventing Sexual Abuse

Mirna AbdulaalSeptember 16, 2018

Egypt Seeks to Penalize Water Misuse

Sara AhmedSeptember 16, 2018

Egypt Court Orders Arrest of Alaa, Gamal Mubarak

Egyptian StreetsSeptember 15, 2018

Prominent Egyptian Journalist Yosri Fouda Accused of Sexual Misconduct

Egyptian StreetsSeptember 15, 2018

Egypt to Detect and Treat 50 Million Citizens From Hepatitis C

Mirna AbdulaalSeptember 13, 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.