Verdict in Safwat el-Sherif profiteering case on May 28
Safwat el-Sherif
Cairo - Arab Today
Cairo Criminal Court has set May 28 for pronouncing the verdict in the case of former Shura Council speaker Safwat el Sherif and his two sons, Ashraf (released) and Ehab (fugitive), over profiteering and power abuse charges.
According to investigations by the Illicit Gain Authority (IGA), Sherif, once secretary general of the now-dissolved National Democratic Party, has earned an ill-gotten fortune of 300 million pounds, abusing the posts he held during the rule of former president Hosni Mubarak.
He bought plots of lands, farmlands, villas and apartments in several areas nationwide, most of which were state-owned, at low prices.
The IGA had asked the court to include Sherif's wife, Eqbal and daughter, Eman, in the case and oblige them all to repay 600 million pounds to the State.
Source: MENA
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