CAIRO: The kidnappers of Saudi investor Hassan Ali Ahmed Al-Sanad, 70, have demanded a ransom of 5 million Egyptian pounds from his family for his release, a security source has revealed.
“The kidnappers called Al-Sanad’s family and made the demand. The family members said the abductors allowed them to speak to the businessman and that he was in good health,” the source was quoted as saying by Egypt’s Akhbar Al-Youm daily on Monday.
Al-Sanad was kidnapped by an armed gang on the Al-Ismaliah-Cairo Road on April 26, when he was returning after attending a board meeting of the company he owns in Egypt, the report said.
The Egyptian security forces are making all-out efforts to locate the place where Al-Sanad is being held captive. They are questioning people and going through the phone records, the report said. “The security forces have zeroed in on a number of people from the village of Abu Khalifah, and are questioning them as part of their investigation,” a source was quoted as saying.
Egypt’s Interior Minister Majdi Abdul Ghaffar has formed a special security team to handle the investigation. Investigators had found the Saudi businessman’s car smashed and its doors left open. Al-Sanad owns farms and juice companies in Egypt.
“The kidnappers called Al-Sanad’s family and made the demand. The family members said the abductors allowed them to speak to the businessman and that he was in good health,” the source was quoted as saying by Egypt’s Akhbar Al-Youm daily on Monday.
Al-Sanad was kidnapped by an armed gang on the Al-Ismaliah-Cairo Road on April 26, when he was returning after attending a board meeting of the company he owns in Egypt, the report said.
The Egyptian security forces are making all-out efforts to locate the place where Al-Sanad is being held captive. They are questioning people and going through the phone records, the report said. “The security forces have zeroed in on a number of people from the village of Abu Khalifah, and are questioning them as part of their investigation,” a source was quoted as saying.
Egypt’s Interior Minister Majdi Abdul Ghaffar has formed a special security team to handle the investigation. Investigators had found the Saudi businessman’s car smashed and its doors left open. Al-Sanad owns farms and juice companies in Egypt.


