Sainsbury’s fights back against Egyptian court ruling against boss Mike Coupe

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Coupe is said to have visited Egypt last year to seize cheques held in trust in Giza. In September, a court found him guilty and sentenced him to two years’ jail.

Coupe was not in court and says he was not even aware that the hearing had happened until December. Today, Sainsbury’s told the Stock Exchange he was in London on the day of the alleged crime.

Coupe travelled with a retinue of lawyers and security personnel to Cairo last weekend to appeal against the conviction.

 

His legal team say his appearance will have prevented the risk of extradition requests or Interpol notices that would have restricted his ability to travel.

A further hearing in the murky court process could be held next weekend.

Source Article from http://www.standard.co.uk/business/business-news/sainsburys-fights-back-against-egyptian-court-ruling-against-boss-mike-coupe-10213177.html

April 29, 2015 |
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