The Washington Post Highlights Plight of Egyptian Steel Tycoon Ahmed Ezz
Jailed Member of Mubarak's Parliament Hopes for a Fair Trial
WASHINGTON, April 13, 2011 /PRNewswire-USNewswire/ -- This statement is being released by Qorvis Communications on behalf of Stanley Rowe:
Almost one month after Hosni Mubarak stepped down from his post as President of Egypt, The Washington Post examines the case of Ahmed Ezz, a steel tycoon who was arrested and charged for profiting from political connections.
In the article, "The rise and fall of Egypt's most despised billionaire, Ahmed Ezz," The Washington Post discusses how, in the wake of the revolution, "prosecutors have aggressively pursued scores of businessmen with ties to the former regime, freezing their assets, banning them from travel and filing corruption charges related to sweetheart deals between self-enriching businessmen and government officials."
Ezz is one such businessman, and The Washington Post reports he has been particularly targeted. The article states that Ezz "has been paraded through the streets like a common criminal, taunted by a mob and tossed into jail on charges of graft."
Ezz maintains his innocence, and associates tell The Washington Post he deserves his successes and came by those honestly. Yet his prospects for a fair trial are in doubt. "Public rage" against Ezz and other wealthy businessmen runs deep.
The article also highlights concerns about the impact the cases against the business community will have on the Egyptian economy. "There is no reasonable country that puts their businessmen in prison and loses their economy. We need to build; we don't want to destroy,'" Cairo-based attorney Mohamed Hamouda told The Washington Post. "'Who will come to Egypt to invest if he will find the businessmen in prison?'"
This statement is released on behalf of Stanley Rowe. For more information please contact the U.S. Department of Justice.
SOURCE Qorvis Communications