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| A file picture taken on June 2, 2012, shows Alaa (R) and Gamal Mubarak, sons of ousted Egyptian president Hosni Mubarak, standing inside a cage in a courtroom during their verdict hearing in Cairo. AFP PHOTO/STR |
An Egyptian criminal court ordered the arrest of ousted President Hosni Mubarakโs two sons on charges of stock market manipulation, state news agency MENA reported Saturday.
Alaa and Gamal Mubarak, with seven other men, are accused of violating stock market and central bank rules to make unlawful profits through dealing in shares of Al Watany Bank of Egypt.
They deny any wrongdoing.
Three other men including Yasser El Mallawany and Hassan Heikal, current and former board members respectively at Egyptian investment bank EFG-Hermes, were also arrested, a judicial source said.
All those accused in the case, which began in 2012, had been released on bail and barred from travel.
Mubarakโs eldest son, Alaa, is a businessman. Gamal, a former banker, was widely viewed as being groomed for Egyptโs top job until Mubarak was toppled in February 2011.
