Published 07 Feb,2021 via Daily News Egypt - Juhayna for Food Industries (JUFO) has announced that its CEO and Vice-Chairperson Seif El-Din Thabet has been detained for questioning relating to the charges and ongoing investigations against the company’s former Chairperson Safwan Ahmed Thabet.
The latter submitted his resignation due to his precautionary detainment pending investigations related to personal matters that the company has no involvement in.
In a statement to the Egyptian Exchange (EGX), Juhayna said that Seif El-Din Thabet had been arrested, but that the company had not received any information on the reasons.
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Daily News Egypt