Wednesday 04/February/2026 – 03:22 PM
Official sources told Cairo 24 that the court set a session for Thursday, February 26, to rule on the case of a businessman and former parliamentary candidate named “Mohamed F” seizing property belonging to the Endowments Authority in the Sayyida Zeinab area.
The sources confirmed that the accused seized 7 endowment shops and mosque land, and rented them out to famous brands, including milk and Farghaly.
The details of the incident are due to the Ministry of Endowments taking urgent legal measures against a businessman named “M.F.”, accusing him of seizing 7 commercial stores and part of the land allocated to build a mosque belonging to the Authority. Investigations revealed that the defendant rented these stores for his own account for the benefit of famous brands, including “Balban” and “Farghali,” exploiting these assets to achieve personal financial benefits in violation of the law.
According to documents obtained by Cairo 24, the Endowments Authority issued a series of infringement reports against the accused, demanding the application of Article (372 bis) of the Penal Code, which is the article that increases the penalty in cases of seizing state lands or endowments through fraud, where penalties reach imprisonment for a period ranging between two and seven years, in addition to a fine that may reach one million pounds.
The report submitted by the Ministry also included a decisive demand to oblige the accused to return all the usurped properties and the facilities and buildings on them, along with paying the value of the material benefit obtained throughout the period of his seizure of those stores.
These moves come within the Ministry’s strategy to preserve the charitable endowment’s properties, protect them from encroachments, and ensure the recovery of usurped rights to maximize the endowment’s resources in their legitimate banks.
