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Cma-cgm: a Corruption Case in Egypt

Free translation of the article published The court presided by judge Ahmad Refaat,
in the egyptian daily newspaper "Al Wafd" aided by judges Yahia Ramadan and
of September 28th 2006 regardingthe Mohammad Assem, in the presence of
CMA-CGM case Mr.Wadih Hanna Nached, president of the
Court adjournment to November 9th 2006 Public Funds Committee, and Mr.Imad
for the debates in the corruption case of Afifi, as secretary, decided to postpone
the Damietta Container Company… the debates to November 9th 2006 in order
Three of the accused confess to the Court to hear the testimony of the civil party.
(by Assayed al-Kassas) The main accused, Ali Massaad, as well as
The penal court in Cairo witnessed a last the witnesses and the employees have been
minute rebound in the bribery and interrogated by the court.
corruption case related to the Damietta The court decided the admissibility of
Container Company, in which the third, Mistral holding's petition (CMA's
fifth and sixth accused have recognized shareholder) for temporary compensation
having committed corruption offences for in the amount of 5001 Egyptian pounds,
which they have been charged. The main for the prejudice incurred as a result of
accused Ali Ahmad Saad, Chairman of the this corruption case. The court also
board of directors and official rejected CMA's request to reject Mistral
representative of the company, has denied holding's petition.
any involvement in the matter.




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