Source: Madamasr
Author(s): Amr Adly
Original Link: https://www.madamasr.com/en/2016/07/12/opinion/economy/objective-notes-on-hesham-geneinas-corruption-report/
A report on corruption by the Central Auditing Authority stirred deep controversy in Egypt and led to the dismissal of its president, Hesham Geneina, and his prosecution in June on the charge of spreading false news. With the report made available in full by Mada Masr, we can now attempt an objective, systematic evaluation of its claim that corruption cost the country LE600 billion between 2012 and 2015.
Regardless of the outcome of this evaluation, my political stance remains the same: I reject the attack on the CAA’s independence and the prosecution of Geneina for either his intentions or his unannounced political beliefs. Furthermore, an objective assessment of the CAA’s report does not change the fact that corruption is rampant in Egypt, and that this corruption has a high economic, social and political cost…
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