A prosecutor in Cairo, Egypt, has ordered the release of a man on EGP
1,000 (£90, $115) bail after he was arrested for possessing an amount of
sugar that was over the allowed limit for individuals to hold due to an
ongoing sugar shortage.
The man, who works as a waiter at a café, was arrested by police in
Heliopolis on Sunday as he walked down the street carrying 10
kilograms of sugar.
He was accused of stockpiling sugar with the intent of profiteering by
selling it at a grocery at higher than the market price.
However, the man’s lawyer, Mohamed Naeem, says his client was carrying
the sugar for use at his uncle’s cafe, not to a grocery as claimed by
police.
The incident comes amid a widespread police operation targeting the sugar black market, with a hotline set up on Saturday for citizens to report incidents of stockpiling of sugar and rice.
Egypt's supply ministry said on Saturday that it will set the commercial
price of subsidized sugar at EGP 6 (£0.50, $0.70) per kilogram to be
available at the ministry's sales outlets in a move that aims to
regulate the market amid a price hike and a shortage of the essential
commodity.
Major supermarkets in the country have stopped the sale of sugar to
individuals above a certain limit.
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