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Monday, 11 July 2016

House probe into corruption in the wheat harvest EGP 365 mn in wheat missing

The House of Representatives committee probing corruption in the collection of this year’s wheat harvest has identified EGP 365 mn in what it claims are faked receipts for domestic wheat collected at four shounas, a source from Parliament tells Al Borsa. EGP 125 mn worth of wheat was falsely reported as having been collected in East Cairo, while other shounas have been reported to be missing anywhere between EGP 70-90 mn worth of wheat. An official from the committee cast doubt at the government’s reported achievement of collecting 4.8 mn tonnes, stating that the Egypt’s shounas have a storage capacity of no more than 3 mn tonnes. The committee will issue its report on the probe on Sunday, 17 July.

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