(The following is a translation of the article that appeared in El Youm 7 on 28-03-2011 )
A surprise in the Tahrir Land Case. Al Maghraby and Mohamed Mansour have no relation with Accor International or the shareholders therein. The French company sent the official documents to the Administrative Supervision last July
A new surprise revealed by the prosecution investigations with the former Minister of Housing Ahmed Al Maghraby about the Tahrir Land Sale Case, proving that there is no relation between Al Maghraby or the former Minister of Transport Mohamed Mansour and the French international company Accor, and that neither are they nor any of their family members are among the shareholders of the French company.
Al Youm Al Sabea received a copy of the documents including the letters by the Chairman of the Board of the French company and attachment with the shareholders structure sent to the former Minister of Investment Mahmoud Mohey El Din, the Chairman of the Touristic Holding Company, the Administrative Supervision and the Central Auditing Organization.
Al Maghraby, during his assumption of the Ministry, tried to officially open the Tahrir Land case at the meeting of the Cabinet of Ministers on last June 30th, to obtain an official admission of the land’s affiliation to the Ministry of Housing, but the former Minister of Investment Mahmoud Mohey El Din announced at the same session the affiliation of the land to his Ministry.
The investigations proved by official documents that there is no relation between the former Minister of Housing Ahmed Al Maghraby or any of his family members with Accor and that he has no shares therein. The documents are about letters by the Chairman of French company to the Minister of Investment including official documents sent to the Touristic Holding Company, the Administrative Supervision and the Central Auditing Organization, including the shareholders structure of Accor evidencing that there is no relation between Al Maghraby Family and the Tahrir Land Deal.
The Minister of Investment on July 19th 2010, sent a the letter of Accor and the attached documents to Ahmed Al Maghraby, and the same was done by Aly Abdel Aziz – Chairman of the Touristic Hlding Company – who sent the letter and documents to Sayed Abdel Maaboud – Director of the Tourism and Hotels Accounting Supervision Department at the Central Auditing Organization – and Sherif Zahran – the Deputy of Administrative Supervision Authority on July 1st, 2010.
The documents of Accor reveal that the shareholders of the company are foreigners only and do not include any Egyptian shareholders and that the company has no connection whatsoever with Accor Egypt owned by Ahmed Al Maghraby and Mohamed Mansour.
Just for the record, Reality Check supporters were completely aware of this reality and tried communicating it several times.