Thursday 15 November 2018
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egyptindependent - 27 days ago

Egypt accuses three oil executives of embezzling nearly $1 billion: agency

CAIRO (Reuters) Egypt’s public prosecutor has charged three executives from a private petroleum company with embezzling nearly $1 billion from corporate funds, state news agency MENA and a judicial source said on Thursday. The firm’s former deputy chairman, Mohammed Mahfouz al-Ansari, and two other officials face a criminal trial on charges that they Continued The post Egypt accuses three oil executives of embezzling nearly $1 billion: agency appeared first on Egypt Independent.

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