Billionaire Arrested In Connection With Mubarak Corruption Case

[excerpt] The billionaire, Hussein K. Salem, was arrested in Spain this week in what was considered a breakthrough for Egyptian prosecutors. They are seeking his extradition to try him in corruption cases relating to what they say are sweetheart deals that enriched him and Mr. Mubarak.

The Spanish charges of money laundering, fraud, bribery and corruption are related to the use of money that Mr. Salem is accused of obtaining illegally in Egypt, the police in Spain said.