Al Boom Fraud Case Hearing Postponed

DUBAI - The Dubai Misdemeanours Court of First Instance on Sunday 
adjourned the hearing of the Dh690 million fraud case, involving Emirati businessman Abed Al Boom, to 
January 31.

Ordered by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, a special court panel is examining the case of Al Boom who is standing trial on charges of issuing bounced cheques, fraud and breach of trust.

Presided over by Judge Al Saeed Al Barguthi, the court ordered the public prosecution to very soon submit the report of the said panel about Al Boom’s properties and debts.

The committee, whose decisions are not be subject to appeal, was assigned with the liquidation of the businessman’s assets and their distribution among the depositors.

The defence lawyer asked the court to order the same committee to open Al Boom’s company, which is under the prosecution’s custody, to recover important documents related to the case.

The court ordered the lawyer to submit an application for the same.

As per the prosecution’s charges sheet, Al Boom is believed to have defrauded more than 3,700 investors who had deposited their funds into his properties investment enterprise.

Forgery Accused Pleadsnot Guilty

The Dubai Criminal Court of First Instance on Sunday adjourned the hearing of a vehicle registration forgery case, involving two expatriates, to January 10.

While the first 37-year-old suspect, an Iraqi national, is at large, the second, a 27-year-old Pakistani, who is in judicial custody, pleaded not guilty.

On February 21 the second man forged a copy of a vehicle registration car ‘issued’ by the Dubai Police G.H.Q.

He presented it to a bank here to obtain a credit card. However, the counterfeit was noticed while the application was being processed.

The first man abetted and conspired with the forger, by acknowledging that the copy presented to the bank was a true copy of the original card in violation of the law.

The accused at large had signed on the cheque of the transaction to help the forger obtain the credit card.

As the Roads and Transport Authority’s (RTA) report, the vehicle registration submitted to the bank proved to be belonging to some one else.

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