BREAKING NEWS

Report: No evidence links Mubarak to Israel gas deal

By JPOST.COM STAFF

JANUARY 21, 2012 19:17

There is no evidence linking former Egyptian president Hosni Mubarak and the controversial gas deal with Israel, Mubarak's defense lawyer said on Saturday according to AFP.

According to the lawyer, Farid al-Deeb, it was Egypt's spy agency that negotiated the 2005 deal, which resulted in $714 million in losses, according to AFP, due to below-market value pricing.

Deeb said statements by the former head of Egypt's intelligence services, Oman Suleiman, "ascertain that [Mubarak] was not involved in the pricing process or anything else concerning the deal," arguing that the deal was carried out in accordance with "international norms."

Mubarak is standing trial for allegedly ordering the killing of hundreds of demonstrators during the 18-day uprising that led to his ouster in February of last year.

Prosecutors have called for the former Egyptian leader to be hanged for his crimes.

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