Sisi forms fact-finding committee to probe alleged state institutions corruption
Hesham Genenah, former head of CAO - YOUM7
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CAIRO: President Abdel Fatah al Sisi announced Saturday the formation of a fact-finding committee to probe into alleged corruption and financial frauds at the state’s public sector institutions, Youm7 reported.

The move follows a statement of the head of the Central Auditing Agency (CAA) Hisham Genena who told Youm7 last week that “It is difficult to provide accurate figures for the volume of corruption within the Egyptian public sector institutions but it is estimated at 600 billion EGP ($75) billion in 2015.”

The fact-finding committee is to be chaired by Genena and comprises of representatives from the ministries of planning, finance, interior and Justice, according to Youm7.

The said committee, according to the presidential statement, shall investigate the corruption cases at the governmental institutions and submit a report to the presidency.

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