Cairo appeal court to retrial Youssef Boutros Ghali on 6 November

Mohamed Samir
2 Min Read
Chairman of the International Monetary and Financial Committee and Minister of Finance of Egypt Youssef Boutros-Ghali during the International Monetary and Financial Committee (IMFC) press conference at IMF Headquarters in Washington, DC. October 11, 2008. © IMF Staff Photographer/Eugene Salazar

The Cairo Appeal Court, headed by Counselor headed by Counselor Mohammad Reda Shawkat, decided to start the first proceedings of the retrial of Youssef Boutros Ghali, the former Minister of Finance on 6 November.

The former Minister of Finance will be re-trialled for squandering public money by using cars held in customs and 15 years for abusing his position to personally benefit from finance ministry funds, in addition to the refund EGP 35m in fines.

Earlier in 2011, the Cairo criminal court sentenced Ghali 15 years for squandering public money by using cars held in customs and 15 years for abusing his position to personally benefit from finance ministry funds.

In 2014, Ghali was arrested in Paris by the Egyptian Interpol over corruption charges from his time in Hosni Mubarak’s government, but he was released because of his status as a political refugee in Britain, which includes a guarantee against imprisonment under the Geneva Convention.

Moreover, Ghali faces several charges such as the “Car License Plates” case, one of the main ones facing him, where he was sentenced to 10 years in prison.

In September 2017, the Illicit Gains Authority accused Ghali of exploiting his position and influences to collect his fortune which is estimated by experts of the Ministry of Justice to be at LE 400 million.

Also, Ghali was sentenced in absentia to life in prison in a corruption case in 2016, but his lawyer offered to reconcile with the government. The Illicit Gains Authority accepted Ghali’s offer as well as that of other Egyptian businessmen and Mubarak-era figures.

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Mohamed Samir Khedr is an economic and political journalist, analyst, and editor specializing in geopolitical conflicts in the Middle East, Africa, and the Eastern Mediterranean. For the past decade, he has covered Egypt's and the MENA region's financial, business, and geopolitical updates. Currently, he is the Executive Editor of the Daily News Egypt, where he leads a team of journalists in producing high-quality, in-depth reporting and analysis on the region's most pressing issues. His work has been featured in leading international publications. Samir is a highly respected expert on the Middle East and Africa, and his insights are regularly sought by policymakers, academics, and business leaders. He is a passionate advocate for independent journalism and a strong believer in the power of storytelling to inform and inspire. Twitter: https://twitter.com/Moh_S_Khedr LinkedIn: https://www.linkedin.com/in/mohamed-samir-khedr/
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