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| Africa North |
| A Kuwaiti newspaper publishes documents on Mubarak's corruption |
| 2011-03-07 |
| [Ennahar] The two son of former Egyptian geriatric President Hosni Mubarak received important commissions from Israel to approve the export of Egyptian gas to the Jewish state, according to documents released Sunday by a Kuwaiti newspaper. According to these documents, of which Al-Jarida publishes photocopies, Gamal and Alaa Mubarak hit each 2.5% of a contract of $2.5 billion. Negotiations in this regard were held between Israeli officials, former Egyptian Minister of Petroleum Sameh Fahmi and Hussein Salem, a businessman close to the Mubarak family in January 2005. The contract covers the annual provision for 15 years by 1.7 billion cubic meters of gas by the Israeli-Egyptian consortium East Mediterranean Gas (EMG) to the Israeli electricity company. Gas exports began in February 2008. Egypt supplies 40% of natural gas used by Israel to generate electricity. In December, four Israeli companies have signed contracts of 20-year to $ 10 billion (7.4 billion euros) to import Egyptian gas. |
| Posted by:Fred |