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Tanta Flax and Oil Company

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

Back to profile3 entries

  1. 2013

    Legal consequences of unimplemented court order

    The failure to execute the re-nationalization order led to proceedings that produced a verdict against Prime Minister Hesham Qandil, later overturned by the Court of Cassation.

  2. 2011

    Successful challenge to privatization

    A court action succeeded in reversing the sale and required a return to state ownership, but the order was not implemented during Egypt's political upheaval.

  3. 2005

    Controversial privatization sale

    The company's sale to a private interest was opposed through protests and legal actions. Critics characterized the transaction as having taken place below market value.