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April 01, 1985

Two top Egyptian economic officials, Economy Minister Mustafa Kamel Said and Central Bank Governor Mohammed Shalabi, resigned and were immediately replaced, an official statement said. The resignations came one day after the conclusion of a five-month banking trial during which the prosecution accused Said of corruption. It was not clear why Shalabi resigned. Sultan abu Ali was named economy minister and Ali Negm the new head of the central bank.

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