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Monday, 9 July 2012

Sons of ousted Egyptian president on trial

Two sons of ousted Egyptian president Hosni Mubarak stood trial Monday in a Cairo criminal court on charges of insider stock trading, with prosecutors alleging they acquired millions illegally by using insider information about a bank sale.
Gamal and Alaa Mubarak allegedly gained the money through the 2007 sale of the Al Watany Bank of Egypt. They stood trial with seven others, including the deputy chief executives of the bank.

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