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Illicit Gains Authority to tackle high-profile embezzlement

By Moustafa Salah and Wafaa Abdel Bari Judicial sources within the Illicit Gains Authority have said that a schedule is to be put together soon to end the problem of embezzlement of Egyptian funds. The authority plans on addressing the problem in co-operation with the United Kingdom, Switzerland, and European Union countries to which money …

Daily News Egypt

Banking experts meet Morsy to expose sector’s corruption

By Mahmoud Salah El-Din Bankers, members of the group Central Accounting Apparatus Observers Against Corruption (CAAOAC), and President Mohamed Morsy will hold a meeting within days in order to discuss corruption in the banking sector. Bankers and members of the CAAOAC will deliver a memorandum to the President that contains a Central Accounting Apparatus’ (CAA) …

Daily News Egypt

Shura Council report cites corruption as main cause of growing debt

The Shura Council’s Economic and Financial Affairs Committee is citing widespread corruption within the state as the main reason for worsening public debt in a report that has created a firestorm since it was released. The report highlighted 65,000 instances of corruption in a single year as evidence of massive waste, with government agencies routinely …

Daily News Egypt

Corruption continues while complaints remain low, says report

By Reem Abdellatif CAIRO: Corruption remains omnipresent in state institutions more than a year after a popular uprising calling for change and social justice, a report said, noting that filed complaints are extremely low. In partnership with the United Nations Global Compact and the Siemens Integrity Initiative, the Egyptian Junior Business Association (EJB) held discussions on …

DNE

Alexandria activists launch ‘Looted’ campaign against corruption

By Abdel Rahman Youssef ALEXANDIRA: Activists in Alexandria launched on Thursday a campaign called “Looted” aiming to expose corruption and raise awareness on Egypt’s stolen resources and fortunes. Egypt is a rich, not a poor country, campaign coordinator Mona Hareedy told Daily News Egypt. Hareedy, a 47-year-old housewife, said the campaign aims to reveal the allegations …

DNE

Solution to wage crisis key to ending corruption, says poll

By Safaa Abdoun CAIRO: Finding a solution to the wage crisis in Egypt is the best means to combat corruption, stated opinion leaders in the country, according to a recent poll. “If the citizen gets a suitable salary then this will make him or her able to resist the temptations of bribes and other corruptive means,” …

DNE

El-Sebaei sacked, under investigation

By Mai Shams El-Din CAIRO: Egypt’s Cabinet sacked on Wednesday the head of the Forensic Examinations Authority, El-Sebaei Ahmed El-Sebaei, who is under investigation for corruption allegations. The Cabinet confirmed on its official Facebook page that Dr. Ehsan Kamil Georgy will replace El-Sebaei, who will be investigated by a committee headed by the Minister of Justice …

DNE

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