Egypt Probes $70m Fraud in Wheat Supply

From Trade Arabia

Egypt's general prosecutor said on Sunday that local wheat suppliers worked with government employees to falsely claim E£621 million  ($69.93 million) worth of grain that does not exist.

Egypt has been embroiled in a controversy over its local wheat supplies, with grains industry officials claiming that over 2 million tonnes of the 5 million tonnes of locally procured wheat in this harvest may exist only on paper.

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