Saturday 23 / July / 2016 - 10:59 AM
Atef Farouk
The Ministry of Justice referred a Director General of the Financial Supervisory Authority to the Supreme Disciplinary Court after it was proven that he had committed grave financial and administrative violations.

The investigations of the Technical Inspection Department on the legal departments of the Ministry of Justice revealed that “Said. A.A “51 years old, General Director of the Central Department for Legal Affairs of the Financial Supervisory Authority, previously and currently Director General of the General Administration for Supervision and Control of Brokerage Firms in the Capital Market, violated the law and went out of duty and committed what would prejudice the state’s financial interest.

The case papers revealed that the accused had coded his wife with the Pioneers Securities Brokerage Company and dealt on her account under General Power of Attorney No. 3241B / 2005, in violation of the Code of Conduct and Honor of the Profession of the Financial Supervisory Authority, and the investigations ended with the accused being referred to trial.