24-11-2024 10:17 PM Jerusalem Timing

Mubarak Associate Jailed for Money Laundering

Mubarak Associate Jailed for Money Laundering

Ahmad Ezz, an associate of ousted president Hosni Mubarak’s son Gamal, was sentenced on Thursday to seven years in jail for money-laundering

Ahmad Ezz, an associate of ousted president Hosni Mubarak's son Gamal, was sentenced on Thursday to seven years in jail for money-laundering.Ahmed Ezz (L)

Ezz, a steel magnate and former senior official in Mubarak's now defunct National Democratic Party, was also fined a massive 19 billion Egyptian pounds ($3.1 billion/2.4 billion euros).

In September, Ezz was already jailed for 10 years on charges of corruption and fined $110 million.

Gamal is himself in jail awaiting the outcome of a trial on corruption charges.

A number of former ministers, senior officials and businessmen are also in jail pending judgment for corruption.