Newsbrief: Egyptian president acquitted of corruption charges

by Magnolia McComish
edited by Jalen Beliveau

Both sons of former President Hosni Mubarak of Egypt were acquitted of illicit share trading while selling a bank on Saturday Feb. 22, according to the New York Times.

The sons, Alaa and Gamal Mubarak, along with seven others, faced charges. The charges consisted of

(Photo: New York Times)

illegally profiting from the transaction of selling Al Watany Bank of Egypt to the National Bank of Kuwait in 2007.

Their crime was committed in 2008, four years before the uprising that ended Mubarak’s autocratic rule over Egypt. They had been detained in 2011 for a different embezzlement scheme, where they took money from public funds for their personal use.

Due to fraudulent behavior and the long reign of Hosni Mubarak, the Mubarak family is widely hated.