Top court rejects steel tycoon case challenging exclusion from parliamentary race

Monday 28-09-2015 09:51 PM
Top court rejects steel tycoon case challenging exclusion from parliamentary race

CAIRO, Sept 28 (Aswat Masriya) - Egypt's Administrative Court rejected on Monday a case filed by politician and businessman Ahmed Ezz challenging his exclusion from running in the upcoming parliamentary elections.

The Administrative Court's rulings are binding and cannot be reversed. 

The steel tycoon was excluded from the race earlier this month, making it the second time for the once prominent politician during the era of former president Hosni Mubarak to be excluded.  

He had applied to run for a seat in parliament last February, before the elections were postponed.

Egypt's parliamentary elections will be held over two phases in October and November. Candidates vying for a seat in the House of Representatives can launch their campaigns starting Tuesday. 

Towards the end of Mubarak's 30-year-rule, Ezz had taken centre stage because of his political and business activities. 

He once served as head of the policies secretariate in the now defunct National Democratic Party, the ruling party under Mubarak.

The steel tycoon chaired Ezz Steel, which monopolised the steel sector in Egypt. 

Ezz was arrested after the 2011 uprising that toppled Mubarak. Charges were brought against him in five different court cases.

He was handed several prison sentences which were overturned by Egypt's Court of Cassation. 

He was released in August 2014 after being ordered to pay hundreds of millions of pounds in fines for monopolistic practices.  

Last month, a court upheld a decision to seize the assets of Ezz and his family pending the completion of an investigation into the sources of his wealth. 

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