CHAOTIC EGYPT MAKES SPOTTY PROGRESS IN FIGHT AGAINST DIRTY AND TERRORIST MONEY
March 9th, 2015
There were high hopes that Egypt was embarking on a new clean financial era following mass protests in January 2011 that ousted President Hosni Mubarak. Popular calls for an end to the corruption and cronyism that had characterised Mubarak's 30 year rule appeared to be heeded.In April 2011, Mubarak along with his sons Alaa and Gamal were arrested for misuse of government funds. In July 2011, former interior minister Habib el-Adly was convicted and sentenced to five years for involvement in a no-bid government contract that squandered some USD15 million. Former ...
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