Govt preparing law to regulate gifts received by former officials

The government is preparing a draft law to regulate the handling of in-kind gifts presented to official Egyptian delegations, according to state-run newspaper Al-Ahram.

The proposed law, titled “Clash of Interests and the Job’s Code of Honor,” would put gifts given to former officials up for auction and regulate the retention of personal gifts by obliging the recipients to pay their market value to the state treasury.

The newspaper added that Prime Minister Hesham Qandil had invited former officials to transfer in-kind gifts to the Finance Ministry.

The Foreign Ministry, meanwhile, plans to ask different countries to save Egyptian officials the embarrassment of receiving valuable gifts by informing them that their gifts would end up at the Finance Ministry, the newspaper said, adding that both Qandil and President Mohamed Morsy had been giving the gifts they receive to the state.  

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