Back to the complete issue
Sunday, 21 August 2016

House maneuvers against Hanafy on domestic wheat, seeks new supervisory powers over wheat imports

Just when you thought it couldn’t get worse for Hanafy: MPs who have been gunning to oust embattled Supply Minister Khalid Hanafy over the wheat corruption scandal are now accusing him of misusing public funds. These MPs led by none other than Moustafa Bakry, have accused Hanafy of costing the ministry EGP 7 mn for an extended stay at the Semiramis Intercontinental, Ahram Online reports. Both the Supply Ministry and Hanafy denied the accusation, with the latter adding that the matter was a private affair and “only my family can judge me on it,” Al Shorouk reports.

This comes as the long-awaited report on the wheat corruption scandal is expected to be handed to the House Speaker today after numerous delays. Deliberations on the report are expected to begin on today or tomorrow. Hanafy had been accused of directly contributing to the squandering of EGP 14 bn by members of the House of Representatives committee investigating allegations of fraud in this winter’s wheat harvest, which drafted the report. Other members have put the figures at a more conservative estimate of EGP 600 mn. Bakri said, "The corruption exposed by the fact-finding committee and Hanafi’s shady practices should put the government before two choices: either Hanafi chooses to resign from office by his own free will, or parliament withdraws confidence from him."

Meanwhile, the House is maneuvering to take an oversight role on wheat imports, having formed a committee that will work with the Agriculture and Supply Ministry to “ensure that limits on ergot contamination are enforced,” Al Mal reports. The new committee will be led by MP Hisham El Shoeiny. So much for separation of the branches of government…

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.