Ogero chief re­leased on bail

Executive Magazine - - Last Month -

For­mer Ogero head Ab­del-Moneim Youssef was re­leased on bail June 19 fol­low­ing the con­clu­sion of his trial on charges of cor­rup­tion and mis­ap­pro­pri­a­tion of state funds. No date has been set for the ver­dict. Youssef is al­leged to have squan­dered mil­lions of dol­lars dur­ing his ten­ure atop the state-owned tele­coms provider. The charges stem from a 2016 scan­dal in­volv­ing un­li­censed in­ter­net net­works. MTV Le­banon CEO Michel Murr was charged with em­bez­zle­ment in Septem­ber, and Prime Min­is­ter Saad Hariri signed off on Youssef’s pros­e­cu­tion in March. For­eign Min­is­ter Ge­bran Bas­sil re­sponded to his re­lease by in­ti­mat­ing he would not get off eas­ily.

Newspapers in English

Newspapers from Lebanon

© PressReader. All rights reserved.