25-11-2024 11:25 AM Jerusalem Timing

Egypt Court Convicts Former Finance Minister

Egypt Court Convicts Former Finance Minister

Egypt court sentences former finance minister to 30 years jail

An Egyptian court convicted former finance minister Youssef Boutros-Ghali in absentia on Saturday and sentenced him to 30 years in prison for profiteering and abusing state and private assets.

Boutros-Ghali quit his post in late January then fled abroad, only days after the eruption of the mass uprising that later ousted Hosni Mubarak. He also resigned in early February as head of the International Monetary Fund's main policy steering panel. Egyptian media reports have said Boutros-Ghali is in the Lebanese capital Beirut.

The Cairo court ruled that Boutros-Ghali took private vehicles held at the customs authority and allowed others to use them without the permission of their owners. He took six of the vehicles, including three Mercedes and a BMW, for his private use and delivered another 96 to other parties, the court said. The vehicles had a total value of 35.8 million pounds ($6 million).

The court also ruled that he used a Finance Ministry printing center to produce a large amount of materials for his personal election campaign for a seat in parliament in 2010, the court source said. He transferred ministry computers and printers for use at his campaign headquarters for more than six months.

The court sentenced Boutros-Ghali to 15 years in jail with hard labor in the vehicles case and another 15 years in the printers case. It also ordered him to return the 35.8 million pounds as the value of the vehicles and to pay a similar amount as a fine, the court source said.