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The escape of an Egyptian businessman with 2 billion pounds causes a wide uproar... and Al-Hilali responds.

May 10, 202594 ViewsRead Time: 2 minutes
The escape of an Egyptian businessman with 2 billion pounds causes a wide uproar... and Al-Hilali responds.
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Social media platforms in Egypt witnessed a wide uproar in the past few days following reports of the escape of a prominent businessman named Amir Al-Hilali, the owner of a well-known car company and a former official in the Cairo Chamber of Commerce, after collecting nearly 2 billion Egyptian pounds from a large number of citizens under the pretext of importing cars for them from abroad through his company, as part of an advertising campaign with the slogan "Import Your Car Yourself."

The victims who filed official complaints stated that they paid large down payments, but were surprised months later by the company's procrastination in delivering the cars or refunding the money, followed by the company closing its doors and Al-Hilali disappearing. Later, they discovered, according to their account, that he had fled to Germany without importing any cars originally, which increased their anger and accusations of fraud.

On the other hand, Amir Al-Hilali broke his silence in a special statement, denying all the charges against him and confirming that he did not escape from Egypt as rumored.
He mentioned that he holds German citizenship and constantly travels between Egypt and Germany for business purposes, stating that all rumors about his escape are "inaccurate."

Al-Hilali explained that his company has shipped thousands of cars over the past years, and the recent crisis only involves a delay in supplying 47 out of 80 cars, as 33 cars have already been delivered, attributing this delay to procedures that began in September of last year causing shipping delays.
He confirmed that he did not collect 2 billion pounds as circulated, indicating that the total debt does not exceed 100 million pounds only.

Regarding his exploitation of his position as the head of the car importers committee in the automotive sector of the Cairo Chamber of Commerce, Al-Hilali stated that he resigned last October, and therefore did not use any official capacity for personal gain.
He pledged to refund the affected individuals within two months, stating that he is working on resolving the crisis by negotiating with suppliers in Germany.

The story continues to attract significant attention in Egyptian society, with the victims demanding accountability from Al-Hilali and the return of their money, while the latter insists on denying the charges and confirming his commitment to resolving the crisis as soon as possible.
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