Crime and Courts

Man cleared of siphoning off Dh6.2 million from Dubai firm

Filed on November 21, 2019 | Last updated on November 21, 2019 at 10.20 pm
Dh6.2 million, dubai firm, cleared, embezzling


The 46-year-old man was accused of embezzling Dh6.2 million from a trading firm he co-owned with a compatriot.

An Iranian business partner has been cleared by a Dubai court of breach of trust and embezzlement charges.

The 46-year-old man was accused of embezzling Dh6.2 million from a trading firm he co-owned with a compatriot, the complainant.

A case was registered at Al Rafaa police station in April last year.

During the public prosecution investigation, the latter claimed that the defendant siphoned off - on different occasions over a period of 10 years - the money from funds he was entrusted with.

The Dubai Court of Appeals cleared the defendant of the charges, upholding a lower court ruling. The Court of Misdemeanors earlier found the defendant not guilty of the charges.

Egyptian lawyer Hani Hammouda of Kefah Al Zaabi Firm for Advocacy and Legal Consultancy argued that the regular financial accounting records of the firm showed that the defendant spent all the amounts he had been entrusted with on the necessary needs as he should. "The complainant did not come forward with any document indicating any deficit in the funds he (my client) had been keeping.

"The complainant was putting pressure on my client by falsely accusing him of financial irregularities. "The complainant failed to prove that the accused embezzled any money. My client did spend the funds but it was on their business and on necessary costs for their firm's commercial transactions and dealings."

The ruling has become final as it was not challenged at the Court of Cassation within the legal deadline.

Marie Nammour

Originally from Lebanon, Marie has been covering the Dubai Courts and the Public Prosecution, immigration and labour issues often, and the Dubai International Film Festival. A graduate from the Holy Spirit University of Kaslik, Jounieh, a city to the north of Beirut, she worked as an in-house reporter of international affairs at a leading TV station back home and a legal translator for a renowned law academy in the Lebanese capital. Speaks fluently four languages and is fond of travelling, psychology, learning more, and has grown by now a rich ‘criminal’ imagination...

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