A billionaire businessman and parliamentarian from Egypt’s ruling party has been charged with paying a man $2 million to kill a lebanese singer in Dubai, the prosecution said on tuesday.
The accused is Hesham Talaat Moustafa, chairmqan of Talaat Moustafa Group, one of the biggest and most successful companies in the booming real estate sector.
His brother Tarek took over the chairmanship on Tuesday. Shares in Talaat Moustafa, Egypt’s largest listed developer by market value,fell 16 percent to 5.21 Egyptian pounds( $0.97) and a leading broker said there could be severe fallout for the wider market
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