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Egypt banks under fire for alleged funds smuggling

By Nasser Youssef and Mahmoud Sheneshan An investigative report conducted by the BBC hinted at the involvement of the Egyptian banking system in transferring funds abroad for figures of toppled Egyptian president Hosni Mubarak’s regime. The report said that part of the funds were smuggled abroad by banks that were not subject to the supervision …

Daily News Egypt

Heavy metal music in for some heavy weather

I was expecting that something like this could happen in the future, but I did not think it would be this soon. No matter how absurd the accusations are, the fact they are brought by a well known lawyer from the FJP will generate a big amount of bad publicity with possible serious repercussions.

Adel Heine

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