Giza Criminal Court on Saturday accepted prosecution’s appeal against a decision to release Muslim Brotherhood (MB) business mogul Hassan Malek on bail of LE20,000.
The court ordered Malek and other suspects be detained again for 45 days pending investigations into charges of damaging the national security and economy.
Malek is being investigated over his affiliation with the MB group and the financing of its activities, also black market manipulations that caused the Egyptian pound’s value to decline during 2015.
Cairo Criminal Court had released Malek Thursday on LE20,000 bail.
The lawyer of Malek called for the release of the defendant, citing the fact that his client has been detained pending investigation for two years.