Egypt Sawiris tycoons banned from travel
AP
FILE - In this Saturday, June 2, 2012 file photo, Egypt's former President, Hosni Mubarak, lays on a gurney inside a barred cage in the police academy courthouse in Cairo, Egypt. Egypt's state news agency, MEAN, announced Sunday that the retrial of ousted President Hosni Mubarak on charges related to the killings of protesters during the uprising against him will begin April 13. MEAN said Sunday six security officials will also be tried and that Mubarak's two sons and a business associate will be retried on corruption charges. (AP Photo, File)
FILE - In this Saturday, June 2, 2012 file photo, Egypt's former President, Hosni Mubarak, lays on a gurney inside a barred cage in the police academy courthouse in Cairo, Egypt. Egypt's state news agency, MEAN, announced Sunday that the retrial of ousted President Hosni Mubarak on charges related to the killings of protesters during the uprising against him will begin April 13. MEAN said Sunday six security officials will also be tried and that Mubarak's two sons and a business associate will be retried on corruption charges. (AP Photo, File)
An Egyptian activist holds a piece of paper with Arabic that reads, ?down with the Muslim Brotherhood, down with Morsi,? in a tent in Tahrir Square, the focal point of the Egyptian revolution, in Cairo, Egypt, Sunday, March 3, 2013. Security forces re-opened Tahrir Square removing barbed wire across the entrances to allow traffic to flow normally for the first time in months. Protesters have held a sit-in in the square since Nov. 22, 2013 after President Morsi issued a controversial constitutional declaration that rendered his decisions above judicial supervision. (AP Photo/Amr Nabil)
Vehicles pass through Tahrir Square, the focal point of the 2011 Egyptian revolution, for the first time in months, in Cairo, Egypt, Sunday, March 3, 2013. Security forces re-opened Tahrir Square removing barbed wire across the entrances to allow traffic to flow normally. Protesters have held a sit-in in the square since Nov. 22, 2013 after President Morsi issued a controversial constitutional declaration that rendered his decisions above judicial supervision. (AP Photo/Amr Nabil)
FILE - In this Tuesday, Feb. 8, 2011 file photo, the Egyptian President Hosni Mubarak sits during his meeting with Emirates foreign minister, not pictured, at the Presidential palace in Cairo, Egypt. Egypt's state news agency, MENA, announced Sunday that the retrial of ousted President Hosni Mubarak on charges related to the killings of protesters during the uprising against him will begin April 13. MENA said Sunday six security officials will also be tried and that Mubarak's two sons and a business associate will be retried on corruption charges. (AP Photo/Amr Nabil, File)
Egyptians walk next to protester's empty tents in Tahrir Square, the focal point of the 2011 Egyptian revolution, in Cairo, Egypt, Sunday, March 3, 2013. Security forces re-opened Tahrir Square removing barbed wire across the entrances to allow traffic to flow normally for the first time in months. Protesters have held a sit-in in the square since Nov. 22, 2013 after President Morsi issued a controversial constitutional declaration that rendered his decisions above judicial supervision. (AP Photo/Amr Nabil)
CAIRO (AP) ? Egypt's state news agency says two of the country's biggest tycoons have been banned from traveling abroad after the country's finance minister requested a criminal case be expedited against them for alleged tax evasion.
MENA news agency reported Sunday that the country's prosecutor has ordered the travel ban for Onsi Sawiris and his son, Nassef. The family manages Orascom Construction Industries, one of the largest employers in the Middle East.
The company allegedly failed to pay roughly $2 billion in taxes from profits on its sale of Orascom Building to France's Lafarge.
Forbes' 2012 list of the 40 richest Africans living in Africa says Nassef Sawiris has a net worth of $5.5 billion.
It was not immediately known if they were in Egypt when the travel ban was issued.
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