2 readers online now  |  69 million page views

Killing the goose that laid the golden eggs! Morsi and the Sawiris family

Reader comment on item: Gaza's Not the Key, Philadelphi Is
in response to reader comment: "Akhwanet masr" a new term in Morsi's Egypt

Submitted by dhimmi no more (United States), Mar 6, 2013 at 09:53

Dr. Pipes

I wanted to bring to your attention that Morsi is very desperate to find money any place including black-mailing the owners of big businesses in Egypt through the tax system and shake them for money and in this case Morsi's government will not allow members of the Sawiris' family to leave Egypt and their names will be on the watch list if they travel back to Egypt as it seems that all of them have left Egypt after Morsi won the elections. Why? Morsi claims that they owe Egypt back taxes which is highly questionable at best

http://www.youm7.com/News.asp?NewsID=966281

And for the readers not familiar with this family this is the wikipedia page of Naguib Sawiris

http://en.wikipedia.org/wiki/Naguib_Sawiris

He owns the biggest private company (telecommunications company) in the Middle East and Egypt with billions of dollars in assets and thousands of Egyptian employees and according to Forbes magazine he is the 374th on the list of the richest people in the world with personal fortune of 2.5B dollars and many assets in Egypt and outside of Egypt

His problems? He is a Copt and he has no like for Morsi or el-Ikhwan and as I wrote before el-ikhwan have no regard for what is good for Egypt and this is indeed a case of killing the goose that laid the golden eggs and I'm sure that Sawiris can start some other place and this is indeed the nature of capitalism and Egypt and the people of Egypt will be the losers

Again Kerry should have told Morsi to have some regards for those the likes of Sawiris that are great assets to the Egyptian economy

Submitting....

Note: Opinions expressed in comments are those of the authors alone and not necessarily those of Daniel Pipes. Original writing only, please. Comments are screened and in some cases edited before posting. Reasoned disagreement is welcome but not comments that are scurrilous, off-topic, commercial, disparaging religions, or otherwise inappropriate. For complete regulations, see the "Guidelines for Reader Comments".

Comment on this item

Mark my comment as a response to Killing the goose that laid the golden eggs! Morsi and the Sawiris family by dhimmi no more

Email me if someone replies to my comment

Note: Opinions expressed in comments are those of the authors alone and not necessarily those of Daniel Pipes. Original writing only, please. Comments are screened and in some cases edited before posting. Reasoned disagreement is welcome but not comments that are scurrilous, off-topic, commercial, disparaging religions, or otherwise inappropriate. For complete regulations, see the "Guidelines for Reader Comments".

See recent outstanding comments.

Follow Daniel Pipes

Facebook   Twitter   RSS   Join Mailing List
eXTReMe Tracker

All materials by Daniel Pipes on this site: © 1968-2020 Daniel Pipes. daniel.pipes@gmail.com and @DanielPipes

Support Daniel Pipes' work with a tax-deductible donation to the Middle East Forum.Daniel J. Pipes

(The MEF is a publicly supported, nonprofit organization under section 501(c)3 of the Internal Revenue Code.

Contributions are tax deductible to the full extent allowed by law. Tax-ID 23-774-9796, approved Apr. 27, 1998.

For more information, view our IRS letter of determination.)