Called Dr. Ziad Bahaa El Din, Chairman of the Financial Supervisory Authority earlier, the Egyptian Initiative for the Prevention of Corruption, an initiative of the nature of the eligibility is based on the proposal of laws and rules and regulations that need to be released in the next phase for the prevention of corruption and prevent the emergence of images of conflict of interest in the future, as well as a rules and regulations known around the world in order to ensure the integrity of public office.
Revealed Bahaa Eddin, Director of the Initiative, during a press conference held on Saturday, Club, Garden City, that all of Dr. Mohamed ElBaradei and Hisham Bastawisi, who have declared their intention to fight in the battle of the presidential elections in Egypt, had joined the initiative .. ''He said should be invited to the rest of the candidates, parties and leaders of thought and opinion leaders in the country to join the initiative''.
He added that the Egyptian initiative for the prevention of corruption aimed at the prevention of corruption and to prevent his appearance in the future so as to complete together the policies and means of prevention proposed with the work of the investigating authorities, control and eradication in the pursuit of what can be exposed to society the conditions of a corrupt, pointing out that this initiative and the ideas and proposals in realizing the hopes of the Egyptian people in a future of justice, transparency and integrity in the various aspects of life.
He pointed out that the declaration founding the initiative consists of several parts, the first dealing with them a brief explanation of the idea of the initiative Egypt for the prevention of corruption, and the second key element of the initiative and the third proposal for the formation of the National Committee and the Technical Secretariat concerned the application of the national program, and the fourth deals with the coordination mechanisms between the National Commission and the Egyptian government and devices deals with the last part of the next practical steps to put the initiative into practice.
The Bahaa El Din, Chairman of the Financial Supervisory Authority earlier, that this initiative aimed at setting the rules that determine what is forbidden to ministers and senior officials in the State to do what is considered a conflict of interest with public office, as well as controls that should be followed in order to avoid conflicts of interest and maintain the reputation and integrity of public office, pointing out that the draft initiative is up for public discussion of experts and interested parties and the public through the website of the initiative, as a prelude to the introduction of amendments to it within two weeks and then send it to the Egyptian government to consider a proposal released.
The Bahaa El Din, the draft initiative consists of 16 articles The draft initiative that the government official was immediately appointed to the office to take the necessary measures to separate ownership from management of any shares or stakes in companies and business activities, or in any other forms of participation in the profits of commercial projects, and that within a period not exceeding two months of his appointment, but it needed to dispose of those stocks and shares during the same period, according to the rules for determining a fair price.
The head of the Public Authority for former finance that project initiative provides for the need to have separate ownership of stocks and shares for their management by a government official, enter into a contract to manage these assets with a natural person or legal entity separate from non-associated tags and non-partners in business activity and refraining from interfering in management decisions such assets except those relating to the approval of the act of sale, assignment, and the government official, shall notify the Committee for the Prevention of Corruption in stocks and shares under their management to others and to report annually on the results of that management.
He added that the draft initiative stipulates that no government official during his term of office to buy directly or indirectly, shares or stakes in companies or commercial activities or to increase its share in them except in two cases only the first participation in the capital increase project contributes to it before he took office on that the increase on the table for all partners, and participate in the government official in order to preserve the rate of decrease without increase, and the second is the placement of investment funds in Egypt were put up for public subscription.
Revealed Bahaa Eddin, Director of the Initiative, during a press conference held on Saturday, Club, Garden City, that all of Dr. Mohamed ElBaradei and Hisham Bastawisi, who have declared their intention to fight in the battle of the presidential elections in Egypt, had joined the initiative .. ''He said should be invited to the rest of the candidates, parties and leaders of thought and opinion leaders in the country to join the initiative''.
He added that the Egyptian initiative for the prevention of corruption aimed at the prevention of corruption and to prevent his appearance in the future so as to complete together the policies and means of prevention proposed with the work of the investigating authorities, control and eradication in the pursuit of what can be exposed to society the conditions of a corrupt, pointing out that this initiative and the ideas and proposals in realizing the hopes of the Egyptian people in a future of justice, transparency and integrity in the various aspects of life.
He pointed out that the declaration founding the initiative consists of several parts, the first dealing with them a brief explanation of the idea of the initiative Egypt for the prevention of corruption, and the second key element of the initiative and the third proposal for the formation of the National Committee and the Technical Secretariat concerned the application of the national program, and the fourth deals with the coordination mechanisms between the National Commission and the Egyptian government and devices deals with the last part of the next practical steps to put the initiative into practice.
The Bahaa El Din, Chairman of the Financial Supervisory Authority earlier, that this initiative aimed at setting the rules that determine what is forbidden to ministers and senior officials in the State to do what is considered a conflict of interest with public office, as well as controls that should be followed in order to avoid conflicts of interest and maintain the reputation and integrity of public office, pointing out that the draft initiative is up for public discussion of experts and interested parties and the public through the website of the initiative, as a prelude to the introduction of amendments to it within two weeks and then send it to the Egyptian government to consider a proposal released.
The Bahaa El Din, the draft initiative consists of 16 articles The draft initiative that the government official was immediately appointed to the office to take the necessary measures to separate ownership from management of any shares or stakes in companies and business activities, or in any other forms of participation in the profits of commercial projects, and that within a period not exceeding two months of his appointment, but it needed to dispose of those stocks and shares during the same period, according to the rules for determining a fair price.
The head of the Public Authority for former finance that project initiative provides for the need to have separate ownership of stocks and shares for their management by a government official, enter into a contract to manage these assets with a natural person or legal entity separate from non-associated tags and non-partners in business activity and refraining from interfering in management decisions such assets except those relating to the approval of the act of sale, assignment, and the government official, shall notify the Committee for the Prevention of Corruption in stocks and shares under their management to others and to report annually on the results of that management.
He added that the draft initiative stipulates that no government official during his term of office to buy directly or indirectly, shares or stakes in companies or commercial activities or to increase its share in them except in two cases only the first participation in the capital increase project contributes to it before he took office on that the increase on the table for all partners, and participate in the government official in order to preserve the rate of decrease without increase, and the second is the placement of investment funds in Egypt were put up for public subscription.
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