EFG Hermes response to alleged insider trading

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Thursday 31, May 2012 by Robin Amlôt

EFG Hermes response to alleged insider trading

Yasser El Mallawany and Hassan Heikal, co-Chief Executives of EFG Hermes, are reportedly among nine men, including the sons of former President Hosni Mubarak alleged to have made an illegal profit of more than EGP 2 billion Egypt ($331 million) through fraudulent trading in shares in Al Watany Bank of Egypt. In response to this news, EFG Hermes, issued the following statement in response...

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