Upon the publishing of “The Secret Behind Magdy Rasikh: The Controversial Oil Tycoon is Still in Business?” the Cairo Criminal Court decided to arrest and bring businessman Magdy Rasikh, father-in-law of Alaa Mubarak, son of the late President Hosni Mubarak, to accuse him of seizing more than one billion pounds of gas consumers’ money.
Country:
Egypt
Date:
October 2021
On October 20, and upon the publishing of “The Secret Behind Magdy Rasikh: The Controversial Oil Tycoon is Still in Business?” the Cairo Criminal Court decided to arrest and bring businessman Magdy Rasikh, father-in-law of Alaa Mubarak, son of the late President Hosni Mubarak, and accused him of seizing more than one billion pounds of gas consumers’ money. The investigation was part of the “Pandora Papers” that were published on October 3, 2021; and was the ‘only’ Arabic language investigation from Egypt amongst Pandora Papers
