Egypt's ex-PM, ministers convicted in graft case

CAIRO, July 12 Tue Jul 12, 2011 11:29am EDT

Egypt's former Prime Minister Ahmed Nazif, October 20, 2010. REUTERS/Amr Abdallah Dalsh

Egypt's former Prime Minister Ahmed Nazif, October 20, 2010.

Credit: Reuters/Amr Abdallah Dalsh

CAIRO, July 12 (Reuters) - An Egyptian court sentenced former Prime Minister Ahmed Nazif to a one-year suspended jail term and two other ministers from Hosni Mubarak's cabinet were sentenced to prison for graft, judicial sources said on Tuesday.

This is the first conviction to result in a jail term for Nazif, who was highly regarded by many investors for driving market liberalisation measures that helped boost economic growth to about an annual 7 percent before the global financial crisis.

Former Interior Minister Habib al-Adli, one of the most hated members of Mubarak's administration because of the brutality of his police force, was sentenced to five years and former finance minister Youssef Boutros-Ghali received 10 years.

Boutros-Ghali, who is being tried in absentia, and Adli have both been sentenced in other cases.

The three were charged with squandering 92 million Egyptian pounds in public funds in a case involving alleged irregularities in the procurement of vehicle licence plates.

They were fined that sum and must return the same amount to the state, the sources said. Boutros-Ghali and Adli were fined another 100 million, the sources added.

Adli was sentenced in May to 12 years in prison on separate charges of profiteering and money laundering. Boutros-Ghali has also been sentenced in absentia to 30 years in jail for profiteering and abusing state and private assets.

An administrative court fined Mubarak, Nazif and Adli 540 million pounds in May for cutting mobile and Internet services during protests in January. Nazif was 40 million pounds and Adli 300 million pounds.