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Egyptian Mubarak-era Tycoon Gives Up 75% of Wealth in Reconciliation Deal

Hussein Salem, a businessman and ally of Egypt's deposed president Hosni Mubarak, and his family have given up 75 percent of their wealth in a deal that will allow them to return to Egypt without facing prosecution, his lawyer said. Salem was arrested in 2011 under an international warrant in Spain, where he fled in the aftermath of the 18-day popular uprising that ended Mubarak's 30-year rule. An Egyptian court sentenced him in absentia to seven years in jail and fines...

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