Saturday, October 29, 2011

Egyptian insurance and pension funds missing

The former Egyptian finance minister, Yussuf Butrus Ghali, has been charged with misusing LE198 billion, taken from insurance and pension funds, while Nabil Abdelghani Amine estimates the missing money to be around LE436 billion, when calculating accumulating interests.

Former Egyptian finance minister, Yussuf Butrus Ghali.
� 2011 Al Bawaba (www.albawaba.com)

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Source: http://www.albawaba.com/business/egyptian-insurance-and-pension-funds-missing-397174

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