Chairman of Agricultural Devel. Company nabbed for bribery
The Administrative Control Authority
Cairo - Arab Today
The Administrative Control Authority (ACA) announced on Thursday that it has arrested the chairman of Egyptian Company for Agricultural and Rural Development for bribery charges.
According to a statement carried by Nile News channel, the official was nabbed while taking EGP200,000 from a supplier.
The company is a subsidiary to the Principal Bank for Development and Agricultural Credit (PBDAC).
Also, a tax officer was taken in custody for receiving a EGP100,000 bribery in return for cutting EGP4 million taxes payable by a company.
Source: MENA
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