Nine hundred million shares will be made available in the IPO, representing 25 per cent of the supermarket franchise's total issued share capital
The Pakistani driver, 37, was accused of embezzling thousands by 'abusing trust' and misusing a fuel refilling card. He is responsible for as many as 68 illegal transactions on the, card which was given to him for work -related trips.
The driver was also accused of aiding and abetting the two station staff in the crime. He earlier denied charges of embezzlement of public money, complicity in forgery of e-receipts and use of forged e-documents.
The court slapped a Dh10,000 fine on each one of them on forgery charges. It also ordered them to pay other fines - equal to the amounts they embezzled - and ordered their deportation after they served their jail terms.
The Indian supervisor of 400 drivers, operating under a group of companies, said the Pakistani driver had been working with them for three years. "Each driver is given a car and a card to buy fuel. In May 2016, we received an accounting report for the first quarter of the year that more than Dh15,000 was used on the driver's card, which was relatively a large amount".
However, following an internal probe along with studying CCTV footage from petrol stations, it became clear the driver on trial was the one who had used the card. A detailed statement showed he was responsible for 87 illegal transactions, which he pocketed.
mary@khaleejtimes.com
Nine hundred million shares will be made available in the IPO, representing 25 per cent of the supermarket franchise's total issued share capital
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