kamal el shazly - (Archive)
CAIRO – 9 May 2017: The Court of Cassation acquitted the son of late Kamal el-Shazly, a former minister of parliamentary affairs and a stalwart of the former ruling National Democratic Party (NDP), after he paid 32 million EGP to the Illicit Gains Authority (IGA).
The court is still discussing the case to decide whether or not it will accept the reconciliation and close the case.
Shazly’s heirs had requested to reconcile with the state in exchange for them giving up 32 million EGP. Shazly’s sons were accused of using their father’s clout to achieve illicit gains.
Following the 2011 January revolution, the IGA decided to freeze the assets of Shazly’s family.
Reports from the Administrative Control Agency (ACA) showed that he used his influence during his long career in the NDP to accumulate wealth in the shape of real estate and bank deposits, and therefore the ACA recommended that assets inherited by Shazly’s wife, two sons and daughter be frozen.