The Administrative Control Authority (ACA) announced on Thursday that it has arrested the chairman of Egyptian Company for Agricultural and Rural Development for bribery charges. 

According to a statement carried by Nile News channel, the official was nabbed while taking EGP200,000 from a supplier. 

The company is a subsidiary to the Principal Bank for Development and Agricultural Credit (PBDAC).

Also, a tax officer was taken in custody for receiving a EGP100,000 bribery in return for cutting EGP4 million taxes payable by a company.

Source: MENA