2 employees steal LE 30M from compensation money in Sharqia
CAIRO – 20 February 2019: The Administrative Control Authority arrested an accountant at the directorate of an area in Sharqia governorate, Delta, over involvement in stealing LE 30 million.
Accountant E.Z. and data entry employee S.M. are accused of stealing millions of pounds from the compensation money allocated for citizens who had their properties withdrawn from them in favor of public benefit.
The two employees are facing charges of using their profession and unjustifiable profiteering. According to investigations, the defendants forged electronic bills and proved their entitlement to the compensation money.
The investigations showed that the value of the embezzled money exceeded LE 30 million as they have been practicing this illegal act for a long time. In the last three months only, they stole more than LE 10 million.
The committee assigned by the Administrative Control Authority is still investigating the incident to inventory the original value of the money seized.
The authority managed to find L.E. 4.5 million in the possession of the two defendants. Both have bought bank investment certificates, real estates, lands and jewelry with the rest of the money they seized.
As part of the investigation process, the authority is probing the administrative gaps that might have enabled the employees to seize the public money and is taking the necessary measures to avoid them in the future.
Both employees were referred to the prosecution in Zaqaziq, Sharqia governorate, to resume investigations.