Alaa and Gamal stock exchange case adjourned to 10 March

An Egyptian court decided to adjourn consideration of the case accusing former President Hosni Mubarak's sons Alaa and Gamal of stock manipulation to 10 March, according to State TV.

The decision came after a hearing at the Giza Criminal Court Saturday. The case accuses Alaa, Gamal, and six other businessmen and former officials from the Al-Watany Bank of Egypt's Board of Directors of illegally obtaining over LE2 billion (US$305 million) from selling of the bank. The eight are also accused of wasting public money and destroying the country's banking system.

The court said that the postponement came at the request of the defense, so that they could review a report from the General Authority for Financial Control regarding the case.

The court also decided to summon Farouq Al-Oqda, the former governor of the Central Bank, and Hazem Hassan, the auditor of the National Bank of Egypt, as witnesses in the case.

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