Tax Evasion Charges against Officials of Egyptian Natural Gas Holding Co. (“EGAS”)
The officials of the Egyptian Natural Gas Holding Company have faced accusations of tax evasion by the Egyptian Tax Authority's department of combating tax evasion department as a result of the acquisition transaction of Misr Fertilizers Production Co. (MOPCO). Due to such accusations, the company's officials hired Dr. Mohamed Hamoda for his legal expertise in tax evasion and company shares acquisition cases. Dr. Hamoda held several consecutive meetings with senior officials in the Egyptian Tax Authority and the Ministry of Finance, and was able to reach radical solutions and dismiss the accusations against the officials of the Holding Company.