Wednesday, October 28, 2020

Egypt: MP Salah Eisa stripped of immunity for bribery charge investigation


The House of Representatives has voted on Wednesday in favor of lifting the immunity of MP Salah Eisa, in light of a bribery charge he faces, a day after the legislative committee also gave an approval.

MP Salah Eisa is accused of facilitating and finishing procedures to issue permits allowing owners of a land to build on it in exchange of LE 1 million ($60,097) besides LE 2 million ($120,194) as a bribe, according to the public prosecution’s investigations.

This comes under the request of the Public Prosecutor to lift the MP’s immunity so legal measures can be taken.

The legislative committee of the House of Representatives approved in a meeting on Tuesday the request to lift the immunity of Eisa. The committee could rule out the possibility that accusations facing the MP are malicious, head of the committee Bahaa Abu Shoka said.

- Advertisement -

In June, lawyer Ayman Mahfouz submitted a request to the Public Prosecution to lift the parliamentary immunity of Member of the House of Representatives Ahmed Tantawy after the director of his office had been arrested for allegedly being part of a terrorist cell.

Mahfouz justified his request, saying that the incident is an “undoubted proof” of Tantawy’s involvement in the charges pressed against his aide.

- Advertisement -
- Advertisement -


Beam Suntory Inc. fined $19.6 million in foreign bribery case

Beam Suntory Inc. (Beam), a Chicago-based company that produces and sells distilled beverages, has agreed to pay a criminal monetary penalty of $19,572,885 to...

Julius Baer to deny two former CEOs their bonuses over money laundering scandal

Julius Baer will withhold millions of francs in bonuses from its former chief executives Boris Collardi and Bernhard Hodler, as a result of a...

Goldman Sachs executives to cover part payments of $3 billion fines in 1MDB scandal

Nine current or former Goldman Sachs executives, including CEO David Solomon, will have to pay back hundreds of millions of dollars in compensation over...

Goldman Sachs agrees $3 billion settlement with US DoJ over 1MDB corruption scandal

Goldman Sachs has agreed to pay nearly $3bn (£2.3bn) in the US to end a probe of its role in Malaysia's 1MDB corruption scandal. The...

Hong Kong fines Goldman Sachs $350 million over 1MDB scandal

Goldman Sachs ignored multiple red flags over the multibillion-dollar fundraisings it arranged for state fund 1Malaysia Development Berhad, Hong Kong’s financial regulator said on...

Subscribe For More

Get our daily notification on the latest financial crimes news around the World


Latest News

This Week

Former Blue Bell Creameries CEO indicted for fraud linked to 2015 listeria outbreak

The former president and CEO of Blue Bell Creameries L.P., a Texas ice cream company, was indicted Tuesday on wire fraud charges in connection with a scheme...

Indonesia sentenced stockbroker to life over fraudulent investment scheme

Renowned stockbroker Benny Tjokrosaputro was sentenced to life by the Jakarta Anticorruption Court on Monday evening for his role in a major graft scandal...

Spanish police arrests operator of Crypto Arbitrage firm Arbistar on fraud charges

The CEO of Arbistar the Spanish investment company, Santiago Fuentes, has been arrested and arraigned on charges of fraud, belonging to a criminal organization...

UAE suspends licences of 200 law firms over anti-money laundering compliance

Practicing licences of 200 law firms in the UAE have been suspended for a month for not following the prescribed procedures to combat money...

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks