InfoAnda - Egypt court sentences ex-trade minister to 5 years in jail |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Aguilera reinvents old hits on new collection | Entertainment | | 31 October 2008
6 killed in Bangladesh flash flood | 4 July 2009
98 Degrees test heat for reunion with summer show | | 21 June 2012

Most young Chinese use mobiles to get online: survey | 27 April 2010

Forum Views () Forum Replies ()

Read more with google mobile : Egypt court sentences ex-trade minister to 5 years in jail |

Edition: U.S. Article Comments (0) Full Focus Photos of the week Our top photos from the past week. Full Article Follow Reuters Facebook Twitter RSS YouTube Read New York governor signs law approving gay marriage | 2:23am EDT Loss of Libya oil bigger disruption than Katrina: IEA 24 Jun 2011 Obama takes flak for tapping emergency oil reserves 23 Jun 2011 Afghan MPs hit back over court ruling 8:51am EDT Sarkozy says Europeans "doing the work" in Libya | 24 Jun 2011 Discussed 214 Biden deficit-cut talks hit impasse: Rep. Cantor 137 CBO sees government benefits swamping U.S. economy 73 Fragile economy pushed Obama to tap oil reserves Watched A Tokyo-Paris flight in under three hours on the horizon Fri, Jun 24 2011 Hefner's revenge; Ryan Reynolds stops traffic Fri, Jun 17 2011 Train and truck in fatal smash Fri, Jun 24 2011 Egypt court sentences ex-trade minister to 5 years in jail Tweet Share this Email Print Related News Egypt court suspends order to remove Mubarak name Sat, Jun 18 2011 Mubarak aide Salem hospitalized after Spain arrest Sat, Jun 18 2011 Zawahri: Suburban doctor to chief of al Qaeda Thu, Jun 16 2011 CORRECTED - UPDATE 1-EFG-Hermes says Q1 net profit nearly wiped out Wed, Jun 15 2011 Egypt detains suspected Israeli spy: report Sun, Jun 12 2011 Analysis & Opinion â€œEvery original idea seems crazy at firstâ€ Ayman al-Zawahri: Suburban doctor who became chief of al Qaeda Related Topics World » Egypt » Rachid Mohamed Rachid looks on as he attends the 39th Mercosur summit in San Juan, August 3, 2010. Credit: Reuters/Marcos Brindicci CAIRO | Sat Jun 25, 2011 10:02am EDT CAIRO (Reuters) - An Egyptian court convicted former Trade Minister Rachid Mohamed Rachid in absentia on Saturday and sentenced him to 5 years in prison for profiteering and squandering public funds, the state news agency MENA said. Rachid, a regular at the World Economic Forum in Davos, lost his job in late January and fled abroad, only days after the eruption of the mass uprising that later ousted Hosni Mubarak. He was an important face for Egypt in the commodities market as former minister of trade overseeing global wheat prices in the world's biggest wheat-importing country. The Cairo court ruled that Rachid unlawfully seized public money from a government export development fund, leading to a waste of public funds, MENA said. The court also ordered him to pay 9.385 million Egyptian pounds ($1.57 million) in fines, MENA added. A judicial source told Reuters the court further ordered the former minister to return a similar amount. Egyptian prosecutors filed formal charges against former officials and businessmen of abusing their position to enrich themselves and misusing public money after the uprising that toppled Mubarak in February. Earlier this month, a Cairo court convicted former finance minister Youssef Boutros-Ghali in absentia and sentenced him to 30 years in prison for profiteering and abusing state and private assets. Boutros-Ghali is widely viewed in Egypt as a public face of a government that enriched the wealthy at the expense of the poor. The whereabouts of Rachid and Boutros-Ghali are unknown. In another case brought against Rachid in February, prosecutors accused him of improperly giving production licenses to steel magnate Ahmed Ezz, chairman of Egypt's biggest steel maker Ezz Steel. Ezz and Rachid have denied wrongdoing. (Reporting by Sherine El Madany; Additional reporting by Omar Fahmy; editing by Mark Heinrich) World Egypt Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Saturday, 25 June 2011
Hezbollah says finds three spies within group |
Venezuela's Chavez reappears on Twitter from Cuba |
Pakistan army rejects report on bin Laden's cellphone |
Argentine heirs hope DNA test ends identity fight |
Auction to Sell Princess Diana's Dresses
OK-Rod with possible trade: Mets closer also willing to be set-up man
EU leaders give conditional go-ahead to Croatia entry |
U.S. economy grew at tepid 1.9% during first quarter
Analysis: Mexican ex-presidents lead debate on legalizing drugs |
EPA criticized for overriding state discretion on water quality
"Columbo" star Peter Falk dies at 83
Analysis: Do leaderless revolts contain seeds of own failure? |
Jim Renner in front by one stroke at Travelers Championship
Georgia-based group erects controversial anti-abortion billboards in Oakland, California
Curtis Stone, Lindsay Price expecting their first baby
Lakers' Ron Artest files for name change; seeks "Metta World Peace"
White House readies for tough choices on budget talks with lawmakers
Google says probing search companies market practices |
Hackers attack Electronic Arts website |
Proxy advisor urges RIM CEO/chairman roles be split |
Obama launches technology partnership to spur jobs |
Kleiner Perkins weighing fund targeting the cloud |
Venezuela's Chavez reappears on Twitter from Cuba |
Columbo actor Peter Falk dead at 83 |
Hang on Snooki. MTV denies recasting Jersey Shore |
Cars 2 star Eddie Izzard plans political career |
Sad songs bring joy to bluegrass star Alison Krauss |
Syrian forces kill 15 protesters, activists say |
Released Chinese artist-activist Ai's associates freed |
Amateur Cantlay seizes lead at Travelers Championship; shoots remarkable 60
Yani Tseng maintains one shot lead at Wegman's LPGA championship
Egyptians injured in clashes over Mubarak's fate |
Keith Olbermann speaks out on Gay Marriage
Peter Frampton files for divorce
Not ready for return: Yanks, Jeter play it safe with shortstop's calf ailment
Tunisia joins international war crimes court |
John Huston shares lead at Dick's Sporting Goods Open in senior debut
Vietnam to switch to lethal injection for death penalty |
Usher wants Pippa Middleton for his Lingerie Line
Phils pitcher Roy Oswalt faces uncertain future due to injury
Royal Wedding Raises Over a Million for Charity
Google investors fear long battle against Feds |
Heidi Klum Bares It All in Project Runway Ad
Foursquare raises $50 million in new round |
Has Renren suffered enough from China stocks phobia? |
Missy Elliott says Graves' disease not so grave |
Jerry Lewis briefly hospitalized in Sydney |
Bollywood stars cast spell over Toronto |
NATO says hit military targets in Libya's Brega |
At least 20 killed in suicide bombing in east Afghanistan |
Egypt court sentences ex-trade minister to 5 years in jail |
Afghan MPs hit back over court ruling |
Five Pakistani policemen killed in Taliban attack |
Oilers add playmaker, scorer Ryan Nugent-Hopkins as No. 1 overall draft pick
Russian oligarch elected head of pro-Medvedev party |
Ryan Couture suffers upset loss at Strikeforce Challangers
Two Puntland soldiers decapitated
Arkansas turkey hunt remains closed; appeal rejected on procedural grounds
Analysis: More history ahead for Patrick Cantlay at Travelers Championship?
Ex-Ukraine PM says court action targets opposition |
Takuma Sato first Japanese driver on IndyCar pole at Iowa
Joey Logano road-races way to Infineon pole
Dozens march for freedom in Saudi Arabia: YouTube |
Venus forges rematch vs. Pironkova; Wozniacki advances, Roddick falls
Armenia, Azerbaijan blame each other for Karabakh failure |
U2 pass festival test, critics say, despite tax row |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01