Assiut University was honored by hosting Dr. Mohamed Morsi, President of the Republic, who gave a speech in a public meeting at the University's Conference Centre. In his speech, the President asserted that there would be no place for corruption in Egypt and asked those who achieved wealth throughout the corrupted era of the past regime, to repent and purify themselves. The President said: The State opened an account for the Renaissance of Egypt at the Central Bank, and those can now deposit people's money through this account. Nevertheless, the President confirmed that the state would never violate valid contracts with the investors, but those who have violated the contracting terms must give rights back to the state.