24 Hrs
Source:
بوابة الفجر
Parents' credit facilities: 839 contracts and 321M pounds
Investigations revealed that the Chairman of the Board of an international school in New Cairo obtained credit facilities amounting to 321 million Egyptian pounds by entering into 839 contracts in the names of parents without their knowledge or consent, using their personal information and scanned copies of their documents. These actions resulted in negative credit impacts on the parents, who discovered they were listed on loan and debt records without their request or approval. The individual was questioned and placed in preventative detention, with investigations ongoing.
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