1 Day
Source:
بوابة أخبار اليوم
Sabri Nakhnokh addresses fund freeze
In response to the Public Prosecution's decision to seize his funds, Sobhy Nakhnooh affirmed his willingness to have his sources of wealth examined, clarifying that his investments are legal and transparent. He stated that he paid 600 million Egyptian pounds into Falcon Company, which employs over 10,000 people. The court had previously rejected his appeal against the seizure order, which is part of investigations involving accusations of extremism, possession of weapons and ammunition, and artifacts, as well as suspicions of money laundering. Additionally, precautionary measures have been applied to his financial and real estate assets.
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