Foreign minister says only a credible path to a Palestinian state will prevent the world from confronting the same situation in the future
mena2 hours ago
Three executive managers of a holdings corporation - which owns and manages a popular beachfront project in Dubai - were charged at a court on Sunday for allegedly collecting Dh2.5 million worth of bribes from a manager of a contracting company.
According to public prosecution records, the three Indian managers - one of whom is at large - collected two return business-class travel tickets (Dubai-London) worth Dh29,200 and a business-class return ticket (Dubai-Madagascar) worth Dh16,115; and a branded watch worth Dh72,000. They allegedly abused their powers at the holdings company and used their official working hours to do unlawful managerial favours for the contracting company.
In the alleged wrongdoings that took place between December 24, 2014, and October 23, 2017, the trio "disregarded" the conflicting interests of both businesses.
Accordingly, the holdings company reportedly suffered more than Dh9 million in losses.
The three former managers, who are in their forties, were charged at the Court of First Instance with bribery, intentionally causing damage to the interests of a public entity, illegal profiteering and leaking confidential information. The manager at the contracting firm, a 43-year-old Pakistani, was accused of offering bribes and criminal complicity. A Canadian project manager, 50, was accused of aiding and abetting the crimes.
A deputy chairman for legal affairs at the holding company said he learned about the wrongdoings from the legal affairs chairman. "The chairman heard from the head of projects how he was tipped-off by a Jordanian business partner of the manager at the contracting company that amounts of money had been received by one of our executive managers and other staff. During an internal probe, the Indian manager denied the accusations initially. But when he was promised that his collaboration would alleviate the repercussions of his illegal doings, he confessed he collected a total of Dh1.7 million on several occasions at a mall."
A complaint was lodged at the Bur Dubai police station. The trial will continue on March 19.
mary@khaleejtimes.com
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