{"id":630809,"date":"2018-03-01T04:21:01","date_gmt":"2018-03-01T04:21:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/prosecutors-reach-egp-1-7-bn-settlement-agreement-with-ahmed-ezz\/"},"modified":"2018-03-01T04:21:01","modified_gmt":"2018-03-01T04:21:01","slug":"prosecutors-reach-egp-1-7-bn-settlement-agreement-with-ahmed-ezz","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/prosecutors-reach-egp-1-7-bn-settlement-agreement-with-ahmed-ezz\/","title":{"rendered":"Prosecutors reach EGP 1.7 bn settlement agreement with Ahmed Ezz"},"content":{"rendered":"<p>Steel magnate Ahmed Ezz has reached a EGP 1.7 bn settlement agreement with the government, Prosecutor General Nabil Sadek said in a statement picked up by <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/3\/12\/291888\/Business\/Economy\/Mubarakera-steel-tycoon-Ahmed-Ezz-to-pay-EGP--bill.aspx\">Ahram Online<\/a>. Ezz, who was <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/06\/steel-magnate-ahmed-ezz-released-from-prison\/\">released from prison<\/a> on EGP 250k bail and placed on a no-fly list in July, will pay EGP 600 mn from assets recovered from abroad. He faces charges of squandering public funds and illegally acquiring his Dekheila steel plant.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Steel magnate Ahmed Ezz has reached a EGP 1.7 bn settlement agreement with the government, Prosecutor General Nabil Sadek said in a statement picked up by Ahram Online. Ezz, who was released from prison on EGP 250k bail and placed on a no-fly list in July, will pay EGP 600 mn from assets recovered from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9346],"tags":[2376,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630809","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"11237b75-0a40-46d9-89a8-0cc5518e5a41","order":"0","is_powered_by":true,"section_story_id":"7920b8f5-1082-4545-8374-966f1b8e2ff6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630776],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Prosecutors reach EGP 1.7 bn settlement agreement with Ahmed Ezz - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/prosecutors-reach-egp-1-7-bn-settlement-agreement-with-ahmed-ezz\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prosecutors reach EGP 1.7 bn settlement agreement with Ahmed Ezz\" \/>\n<meta property=\"og:description\" content=\"Steel magnate Ahmed Ezz has reached a EGP 1.7 bn settlement agreement with the government, Prosecutor General Nabil Sadek said in a statement picked up by Ahram Online. Ezz, who was released from prison on EGP 250k bail and placed on a no-fly list in July, will pay EGP 600 mn from assets recovered from [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/prosecutors-reach-egp-1-7-bn-settlement-agreement-with-ahmed-ezz\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-01T04:21:01+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/prosecutors-reach-egp-1-7-bn-settlement-agreement-with-ahmed-ezz\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/prosecutors-reach-egp-1-7-bn-settlement-agreement-with-ahmed-ezz\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Prosecutors reach EGP 1.7 bn settlement agreement with Ahmed Ezz\",\"datePublished\":\"2018-03-01T04:21:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/prosecutors-reach-egp-1-7-bn-settlement-agreement-with-ahmed-ezz\/\"},\"wordCount\":77,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt Politics + Economics\",\"EnterpriseAM\"],\"articleSection\":[\"Egypt Politics + Economics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/prosecutors-reach-egp-1-7-bn-settlement-agreement-with-ahmed-ezz\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/01\/prosecutors-reach-egp-1-7-bn-settlement-agreement-with-ahmed-ezz\/\",\"name\":\"Prosecutors reach EGP 1.7 bn settlement agreement with Ahmed Ezz - 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Ezz and three other defendants in the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650452,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/ahmed-ezz-offers-the-state-egp-500-mn-in-exchange-for-reconciliation\/","url_meta":{"origin":630809,"position":3},"title":"Ahmed Ezz offers the state EGP 500 mn in exchange for reconciliation","author":"enterpriseam admin","date":"23 March 2017","format":false,"excerpt":"Steel magnate Ahmed Ezz has reportedly offered the state EGP 500 mn to reconcile and settle all his legal disputes, talk show host Amr Abdel Hamid said on Wednesday during an episode of his show Ra\u2019ay Aam, where he claimed to have acquired documents of the proposition (watch, runtime 11:32).","rel":"","context":"In &quot;Egypt Politics + Economics&quot;","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631104,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/egypt-drops-case-against-ahmed-ezz-due-to-expired-statute-of-limitations\/","url_meta":{"origin":630809,"position":4},"title":"Egypt drops case against Ahmed Ezz due to expired statute of limitations","author":"enterpriseam admin","date":"11 March 2018","format":false,"excerpt":"Prosecutors drop case against Ahmed Ezz as statute of limitations kicks in: The Cairo Criminal Court dropped the case against steel magnate Ahmed Ezz and former Industrial Development Authority Chairman Amr Assal, ruling that the statute of limitations for the case has expired, Al Masry Al Youm reported. 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