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Spain Agrees to Extradite Egyptian Businessman Salem, MENA Says

March 2 (Bloomberg) -- Spain agreed to extradite Egyptian businessman Hussein Salem and his son, Egypt’s state-owned Middle East News Agency reported today, citing the country’s foreign ministry.

Salem was sentenced in absentia to seven years in prison in a corruption-related case, while an Egyptian judicial committee found documents showing that his two children have more than 24 billion Egyptian pounds ($4 billion) of assets in several countries, MENA reported in October.

To contact the reporter on this story: Tamara Walid in Abu Dhabi at twalid@bloomberg.net

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net

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