Nabil El-Bushi’s case has not finished yet , in fact it has just started,the man is already in Dubai and has returned yet. The victims’ lawyers in Egypt are trying to include his name to the Interpol wanted list.
The media in Egypt I know is waiting for more details about the so-called blessing lists of El Bushi , oh yes El-Bushi made threat that if he is arrested in Egypt ,he will reveal the ministers currently in office and their sons who gave him money to invest it in the stock market. There are rumours that he gave a return on investment equals to 180% !! Again do not ask me how !!??
This is expected , just like the Old Riyan and his blessing lists. I do not think that he was bluffing after all the names in the list for sure were his key to attract those celebs and businessmen in Egypt to trust him with their millions in this way.
It is highly expected that El-Bushi will join his friends from the runaways either in London or Athens or Switzerland for his silence , it is a rule.
An interesting side Remark :
Egypt saw 600 Ponzi schemes in the last 3 years, the total money losses in these schemes are L.E 4.5 Billion !!
Also speaking about the Ponzi schemes , we should not forget about Madoff , the biggest Ponzi schemer in the world , already they should change the term Ponzi Scheme in to a Madoff Scheme. Now here is the complete list of Madoff’s victims “about 163 pages to be accurate”
ANONA;
ReplyDeleteHe is better be careful, these days winds are strong in Cairo and London and can cause people to lose their balance off balconies !!
@anonymous, be sure that he and all other Egyptians running to London learned the lesson very well !! no balconies
ReplyDelete@Mo,it is not about the tax revenue officials corruption I am afraid. Do not forget that many of El-Bushi's victims themselves are corrupted ,they earn the money from illegal ways otherwise why they fear taxation in the first place, it is like money laundry
Why someone give to a man like Al Bushi a 6 digit sum without any documentation at all !!?
Still I agree with you we do not know much about the scheme or rather if it were a scheme or not but for sure some big names are involved.
Do not wait our government to do anything because it is more corrupted than El-Bushi