Handcuffs - Suhaib Salem/Reuters Handcuffs - Suhaib Salem/Reuters

Egypt prosecutor orders detention of commodities officials

Wed, May. 30, 2018
CAIRO – 30 May 2018: Egypt's state security prosecutor on Wednesday ordered four Egyptian officials detained for four days for questioning on suspicion of taking bribes from commodities trading firms, a judicial source said.

State news agency MENA reported on Tuesday the officials had been arrested.

They include the chairman of the state Food Industries Holding Company (FIHC), a supply ministry adviser responsible for coordination with parliament, a supply ministry spokesman and an official in the FIHC chairman's office, MENA said.

FIHC, a state buyer that has historically handled a broad sweep of commodities, tendering locally and internationally for staples like vegetable oils and sugar, has in recent years seen its role reduced in favour of state grain-buyer GASC.

Egypt is the world's largest importer of wheat and a major buyer of staples like corn and vegetable oils.
 
There are no comments on this article.

Leave a comment