04 February, 2009

Corruption in Mahalla

El-Badeel today published details of a report on corruption and mismanagement at Misr Spinning and Weaving in Mahalla, accusing the company's former chairmin Mahmoud Gabaly of directly causing losses of 10 million pounds. Al Gabaly was sacked in november 2007 following an investigation by the Central Auditing Agency, prompted by repeated allegations of workers in the factory against him.

1 comment:

  1. Egypt is one of U.S.’s most important bilateral trading partners. I read at Export-USA.com in what sectors are made the biggest U.S. investments. As major infrastructure projects are constantly being made, American companies will find attractive opportunities here.