Egypt accuses 3 oil executives of embezzling nearly $1 bln

19 October 2018, News Wires — Egypt’s public prosecutor has charged three executives from a private petroleum company with embezzling nearly $1 billion from corporate funds, state news agency MENA and a judicial source said on Thursday. The firm’s former deputy chairman, Mohammed Mahfouz al-Ansari, and two other officials face a criminal trial on charges that … More »