CAIRO: Security forces in Egypt’s Ismailia have freed kidnapped Saudi businessman Hassan Ali Ahmed Al Sanad, security source told Youm7 Thursday.
“The freeing culminated the ten-day-long efforts exerted by policemen who tightened the noose around the abductors,” said the source, adding that Sanad was found dumped on the Cairo-Suez Road Thursday.
Sanad, 70, was reported kidnapped on April 26 at the Cairo-Ismailia highway and his car was found smashed with its doors left open while heading for Cairo airport after attending a board meeting of the company he owns in Egypt, Ismailia Security Chief Maj. Gen. Ali Azzazi was quoted by Youm7.
The kidnappers called the businessman’s family and demanded a five million EGP (about $500,000) ransom for his release, a security source has told Youm7 late April.
Sanad’s family member told Akhbar Al Youm that the abductors allowed them to speak to the investor and that “he was in good health.”
According to Youm7, the Saudi investor owns farms and juice companies in Egypt.