The Ex-Trade Minister is sentenced to five years in prison.
An Egyptian court has pronounced a sentence of five years (in absentia) against the Ex-Trade Minister of Egypt, Rachid Mohamed Rachid. The man fled the country when the Arab Spring revolution occurred. He is accused of profiteering and squandering public funds. Rachid was a prominently visible face before the toppling of Hosni Mubarak’s government. He was responsible for monitoring wheat prices in the world’s largest wheat-importing country.
The court also fined Rachid $1.57 million. There have been a spate of prosecutions in Egypt as corrupt officials and embezzling businessmen are placed beneath the microscope of accountability. Previously a Cairo court sentenced Youssef Boutros-Ghali, the former Finance Minister to 30 years behind bars. He too was accused of benefiting the rich at the expense of the poor.
Egypt has seen a change in its government as Hosni Mubarak’s thoroughly corrupt regime was swept out of power. The people eagerly look forward to a better tomorrow in which there will be justice and fair play.