Bank employee acquitted of ATM embezzlement

The Giza Criminal Court has acquitted a former banker of charges related to embezzlement and the inflation of his wealth by more than 3.5 million Egyptian pounds, alleging illicit gains from accounts at the bank. The court confirmed that the evidence was insufficient and that doubts surrounded the integrity of the evidence, leading to the defendant's acquittal. It was also acknowledged that his wealth did not match his income, and that he had purchased and sold cars and apartments with his misappropriated funds. However, the court ruled that the evidence did not prove that increases in his wealth resulted from abuse of his position, and that he cannot be prosecuted twice for the same funds.

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