mps some amendments of cbes law finalized to toughen penalties on black market traders
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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MPs: Some amendments of CBE's law finalized to toughen penalties on black market traders

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Arab Today, arab today MPs: Some amendments of CBE's law finalized to toughen penalties on black market traders

MPs: Some amendments of CBE's law finalized to toughen penalties on black market traders
Cairo - MENA

The joint committee from the legislative affairs panel and the economic affairs bureau committee at the House of Representatives finalized the bill, which was submitted by the government to amend the law of the Central Bank of Egypt and the banking sector. 

The amendments include prison for at least three years and a fine not less than one million pounds and not more than five million pounds for traders selling foreign currency outside the official exchange rate, the committee said in its report on Tuesday. 

The amendments also include prison sentences for individuals breaking the foreign exchange law, with jail terms not more than three months, it added.

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mps some amendments of cbes law finalized to toughen penalties on black market traders mps some amendments of cbes law finalized to toughen penalties on black market traders

 



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mps some amendments of cbes law finalized to toughen penalties on black market traders mps some amendments of cbes law finalized to toughen penalties on black market traders

 



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