24 Hrs
Source:
اليوم السابع
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Seven-year sentence for misusing minor funds
Article 388 of the Egyptian Penal Code No. 58 of 1937, as amended by Law No. 141 of 2021, addresses penalties against those who exploit the weakness, need, or legal guardianship over a person under the age of twenty-one to achieve unlawful financial gains. The law prescribes imprisonment for up to two years for anyone who attempts to exploit the funds of minors or persons under guardianship, with the possibility of a fine of up to 100 pounds. The penalty is increased to imprisonment for three to seven years if the offender is a guardian or custodian of the victim. The legislation aims to protect the rights of minors and those under guardianship from financial exploitation and deception.
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