Egypt detains former PM Obeid for illegal land deal

15.07.2011                      13.Tammus, 5771

Ägypten:

Egypt detains former PM Obeid for illegal land deal

Former PM and deputy PM allegedly sold land listed as protected nature reserve to businessman Hussein Salem for 200 million pounds below market value.

Egyptian authorities detained former prime minister Atef Obeid for 15 days to investigate allegations he illegally sold land well below market value, judicial sources said on Thursday.
Since a popular uprising toppled President Hosni Mubarak in February, Egyptian prosecutors have been investigating corruption allegations made against former officials and businessmen connected with his 30 years in power….