Egypt court upholds acquittal of Mubarak-era tycoon Hussein Salem in gas export corruption case

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An Egyptian criminal court upheld on Thursday the acquittal of Mubarak-era business tycoon Hussein Salem on charges of corruption in exporting gas to Israel at less than the standard international price.

“The last remaining case against Salem is on money laundering charges in connection with the gas export deal, and is scheduled for next July,” Salem’s lawyer Mahmoud Kebbiesh told Ahram Online, adding that “it is certain that the court will acquit Salem in that case, as it has already acquitted him [on charges of corruption in the export deal].”

In 2012, Salem was sentenced to 15 years in prison in absentia after being convicted in the gas deal case, though he was acquitted in a retrial in 2015; a ruling the prosecution later appealed.

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