News
Slammed over land deals, HSBC says transactions legit
thedailynewsegypt.com
[Daily News Egypt (press release)] - Former transport minister Mohamed Mansour and his cousin, Ahmed El-Maghrabi, who served as housing minister from to 2010, are both shareholders in the parent company of PHD. While Mansour's brother, Yasseen, is the chairman of the company.
HSBC not necessarily liable for clients' alleged corruption
english.ahram.org.eg
[Ahram Online] - Former housing minister Ahmed El-Maghrabi and his cousin, ex-transport minister Mohamed Mansour, are shareholders in Palm Hills' parent company, while Mansour's brother is Palm Hills' chairman. El-Maghrabi is now in custody awaiting trial.
Guardian: HSBC under fire over leading role in land deals for Mubarak regime
[The Guardian] - Former Egyptian housing minister Ahmed el-Maghrabi and his cousin, former transport minister Mohamed Mansour, are shareholders in the parent company of Palm Hills, which is Egypt's second-biggest listed developer. Mansour's brother is Palm Hills'
Google News: Egitto: l'immobiliare Palm Hill sospesa dalla borsa
[FocusMO] - Di proprietà della Mansour and Maghraby Investment and Development (Mmid), la Palm Hill Development è stata fondata nel dall'ex ministro dei Trasporti, Mohamed Mansour, e da suo cugino, Ahmed El-Maghrabi, ex ministro del Turismo.
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