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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Egyptian Court Orders Arrest of Mubarak's Sons in Corruption Case

Alaa and Gamal Mubarak. Asharq Al-Awsat

An Egyptian criminal court ordered the arrest of ousted President Hosni Mubarak's two sons on charges of stock market manipulation, state news agency MENA reported Saturday.

Alaa and Gamal Mubarak, with seven other men, are accused of violating stock market and central bank rules to make unlawful profits through dealing in shares of Al Watany Bank of Egypt.

Three other men including Yasser El Mallawany and Hassan Heikal, were also arrested.

All those accused in the case, which began in 2012, had been released on bail and barred from travel.

Mubarak’s eldest son, Alaa, is a businessman, and Gamal is a former banker. The pair had been free since 2015.

The court's next session is set for Oct. 20.

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