Workers from all Orascom companies will stage a march on Wednesday from the Nile City Towers building to the High Court Building in Downtown Cairo in order to protest the current travel ban placed by the prosecutor general on the current CEO of Orascom Construction Industries (OCI) Nassef Sawiris and his father, the former CEO of OCI, Onsi Sawiris.
The bans are a result of tax evasion allegations, which accused OCI of evading around EGP 4.7bn gained from the sale of an OCI subsidiary to French firm Lafarge, according to state-run MENA.
According to one of the workers organising the march, these decisions are political in background, aiming to discredit the Sawiris family and their investments in Egypt.
“The workers are trying to defend their jobs,” he said. “They fear that Orascom will close or that the Sawiris family will exit the Egyptian market.
He added that workers were staging the march because “this is the only way the presidency will respond to people’s demands.”
