Egypt Independent

Ahmed Ezz money laundering trial adjourned to 4 October



The Cairo Criminal Court decided on Monday to adjourn the money laundering trial of steel tycoon Ahmed Ezz to 4 October.

Farid al-Deeb, Ezz’s attorney, called for his client’s acquittal on Monday and said that a Central Bank report and Central Bank employees’ testimonies should be thrown out based on a banking law that states that bank account information is confidential.

“Sums of money deposited into accounts belonging to organizations and businessmen are secret under the article. They shouldn’t be reviewed, and no information about them can be given without the public prosecutor or attorney generals’ orders,” Deeb said. He claimed that no such order had been given in this case, which invalidates the entire proceeding.  

Edited translation from Al-Masry Al-Youm