Former Egyptian international Aly Ghazal's recent arrest for alleged embezzlement of 7 million Egyptian pounds has taken a new turn, as the owner of Ra FC, the club Ghazal manages, sheds light on the case. Ghazal, 32, was taken into custody in New Cairo's First Settlement area after a man reported being defrauded by Ghazal and an accomplice. According to the initial police report, the duo allegedly convinced the victim to invest in an import-export company but failed to deliver on promised returns. Cairo's security forces launched an investigation, and the public prosecution is now handling the case. The arrest marks a stark contrast to Ghazal's accomplished football career, which included stints in Portugal, Greece, China, and Canada, as well as appearances for Egypt's national team in the 2019 Africa Cup of Nations. He retired from professional football in July 2023 and recently took on a managerial role at Egyptian third-division side Ra FC. Ra FC owner Ali El Beshbishy provided critical insights into the situation. According to El Beshbishy, Ghazal was only a silent investor in a business venture run by his long-time partner, identified as Menyawy . "Aly has been working with Menyawy for 15 years as a silent investor without any managerial responsibilities," El Beshbishy told KingFut . "Some football players saw potential in the business and decided to invest. Aly introduced them to Menyawy, who then issued cheques as guarantees. Unfortunately, Menyawy fled to Dubai, leaving everyone in a bind." El Beshbishy clarified that Ghazal personally owes nothing to the original complainant, Hossam Hassan, as he exited the company prior to the cheque-related dispute. However, the former player is reportedly entangled in other financial commitments. "Aly did issue cheques to several players, including Amro Tarek, Karim Tarek, and a Libyan player," El Beshbishy revealed. "These cheques total around 7 million EGP. Meanwhile, Menyawy owes Aly 15 million EGP, but he remains unreachable." This new information complicates the case as the public prosecution is expected to take these revelations into account as investigations continue. While Ghazal faces legal challenges, his supporters argue that the full context demonstrates a more nuanced situation, where his involvement may have been limited to facilitating connections rather than orchestrating fraud. The Egyptian football community now waits to see how the legal proceedings will unfold and whether this incident will impact Ghazal's future in football management. The post EXCLUSIVE New details emerge on Aly Ghazal's fraud allegations appeared first on KingFut .
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