CAIRO, March 3 Egyptian authorities have banned
the chief executive of Orascom Construction Industries
, one of the country's biggest companies, from leaving
the country as part of an investigation into tax evasion, state
media said on Sunday.
The public prosecutor ordered that OCI chief executive
Nassef Sawiris and his father Onsi Sawiris be banned from
travel, the state news agency MENA said.
The order from the public prosecutor is part of an
investigation into accusations they evaded about 14 billion
Egyptian pounds ($2.1 billion) of taxes during the sale of
Orascom Building, an OCI subsidiary, to French firm Lafarge
, MENA said.
Reuters could not reach either for comment and an official
from Orascom was not immediately available.
It was not immediately clear if either Sawiris was in Egypt.
If they are not, they would be detained on arrival under the