BREAKING NEWS

Egypt PM from Mubarak era jailed for three years

By REUTERS

SEPTEMBER 13, 2012 14:32

CAIRO - Former Egyptian Prime Minister Ahmed Nazif was jailed for three years on Thursday for the unlawful possession of property and for making illegal profits from a public-interest company.

Prosecutors said he made 64 million Egyptian pounds by illegally acquiring land and an Alexandria apartment and making private profits from a public institution he founded. He had already been handed a suspended sentence on separate corruption charges.

Nazif, 60, was one of several senior officials detained in the days after Mubarak's overthrow as prosecutors began investigating the complex web of political and business interests at the top of the autocratic leader's government.

He was prime minister from July 2004 to Jan. 29, 2011 - the fourth day of the uprising against Mubarak.

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