03/11/2009
Al Youm El Sabe’a News paper 2009/NOVEMBER /03
Nader Riad, Board Chairman of the Bavaria Co. An interview conducted by Al-Yaum Al-Sabi newspaper with Dr. Riad deals with the following issues: -Communism and free economy: the better option for the Egyptian economy. – The State’s renewed tendency to buy banks and companies. – The consumer protection and anti-monopoly laws. – The “king’s witness” clause in the anti-monopoly law, which exempts those who admit their monopoly crimes from half of the punishment.(Available in Arabic – German in PDF)
Nader Riad, Board Chairman of the Bavaria Co. : What is going on in the cement market is evidence of the violations committed by some businessmen. The king’s witness in the anti-monopoly law is not a deficiency, as it protects honest businessmen. An interview conducted by Al-Yaum Al-Sabi newspaper with Dr. Riyad deals with the following issues: – Communism and free economy: the better option for the Egyptian economy in light of the current international financial crisis that has been brought about by capitalism. – The States’ renewed tendency to buy banks and companies. – The consumer protection and anti-monopoly laws that have been easily broken by businessmen. – The “king’s witness” clause in the anti-monopoly law, which exempts those who admit their monopoly crimes from half of the punishment.