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.
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.