Owner of Egyptian paper Al-Masry Al-Youm arrested on corruption charges

Salah Diab 08/11/2015 (Al Ahram Online – Egypt): An Egyptian businessman who co-owns Al-Masry Al-Youm daily newspaper was arrested on corruption charges at his villa in Giza on Sunday morning, two days after his assets were frozen by prosecutors, a security source told Al-Ahram’s Arabic website.Salah Diab’s son was also arrested on the same charges.The prosecutor-general had ordered that Diab’s assets be frozen on Friday, along with those of his wife and a number of other associates, including other co-founders of the newspaper.The public funds prosecution bureau had received a complaint in 2011 that Diab and the other defendants had acquired agricultural land on the Alexandria Desert Road from the Agriculture Ministry at very low prices, and built touristic resorts on those plots.Cairo Criminal Court will hold a session on the asset freeze on Tuesday.Diab co-founded Al-Masry Al-Youm newspaper in 2004.”Despite the shock that this piece of news generated in different environments, a shock that originally goes back to the timing of the issuing of this decision even though the matter was brought up five years ago, Al-Masry Al-Youm assures that it abides by its constant oath to our kind readers, and continues assuming its professional and patriotic role,” the newspaper said in a statement Friday…


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