Four Egyptian officials have been arrested on suspicion of taking bribes totalling about EGP2m ($112,000) from commodities trading firms. The chairman of the state-controlled Food Industries Holding Company (FIHC), an official in his office, a supply ministry adviser and a spokesman from the same ministry have been named but the trading firms have not, although they were described as major FIHC suppliers. A senior government official, who did not want to be named, said that the investigation was being led by Egypt's anti-corruption agency.
Four Egyptian officials have been arrested on suspicion of taking bribes totalling about EGP2m ($112,000) from commodities trading firms. The chairman of the state-controlled Food Industries Holding Company (FIHC), an official in his office, a supply ministry adviser and a spokesman from the same ministry have been named but the trading firms have not, although they were described as major FIHC suppliers. The role of the FIHC has recently been reduced in favour of state-controlled grain buyer GASC.