CAIRO: The financial violations committed during the rule of the Muslim Brotherhood in the Doctors’ Syndicate reached 25 million EGP (U.S. $3,591,700), announced the syndicate’s board on Tuesday during a press conference.
Treasurer of the syndicate, Khaled Samir, said the money went out of the syndicate without invoices or records.
Representatives of the Central Auditing Organization attended the conference which requested to keep the documents of the financial transactions to prevent loss.
Samir also said that after the January 25 Revolution the majority of the syndicate board was taken over by the Brotherhood, and they did not respect the recommendations of the Central Bank that stated the importance of keeping invoices in order to avoid money laundering.
The treasurer also said that the former board gave out grants from the syndicate without recording invoices which is a legal violation, and he indicated that the syndicate referred the issue to the Public Prosecution.
Originally published in Youm7.