Egypt: Post-Mubarak Egypt probes public land contracts
31.03.2011
Egyptian authorities have opened dozens of criminal investigations into hundreds of millions of dollars worth of public land contracts that were awarded illegally to real estate developers associated with former President Hosni Mubarak without proper procedures at below market rates. The current probes are the first steps, and perhaps the most obvious, that emerge in post-Mubarak Egypt towards the country's new economic future - one many here say could be less susceptible to cronyism and shady deals by government officials.