Egypt

State Council approves reconciliation in illicit gains crimes

The State Council has approved a draft amendment to some provisions of law no. 62 (1972) over illicit gains. The law has been sent to the Cabinet for approval.
 
The amendments provide for a possibility of reconciliation, on condition that the suspect returns back all the illicit gains obtained.
 
The amendments also stipulate for a legal solution that allows investigation authorities to use the seized assets to prevent them from losing value, while granting the profits to the suspect until a final verdict is reached.
 
 
Edited translation from Al-Masry Al-Youm

Related Articles

Back to top button