Six expats forge salary certificates to obtain Dh700,000 loans in Abu Dhabi

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Six expats forge salary certificates to obtain Dh700,000 loans in Abu Dhabi

Abu Dhabi - The Indian men denied the charges in court.

by

Ismail Sebugwaawo

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Published: Sat 24 Mar 2018, 2:29 PM

Last updated: Sun 25 Mar 2018, 5:24 PM

Six expats are on trial at the Abu Dhabi Criminal Court for forging salary certificiates to obtain personal loans.
The Indian men, including bank customers and a bank employee, are accused of forging documents and using them to fraudulently obtain personal loans amounting to Dh700,000 from an Abu Dhabi bank, the court heard.
Official court documents stated that the bank had filed a complaint against the Indians after their internal investigations suggested that they had submitted forged documents to secure loans from the bank.
Prosecutors said the men were working for private firms and had accounts in the bank. They had forged salary certificates - claiming that they earned big salaries - showing them to the bank as they applied for loans.
The men claimed that they had obtained the letters from the companies where they worked.
Investigations suggested that the men connived with a bank employee, who received the forged salary certificates and helped them in processing the loans amounting to Dh700,000.
During police interrogations, the men confessed to forging and providing the certificates to the bank for loans. They added that they wanted to secure bigger loans from the bank even though they were actually drawing small salaries.
Prosecutors charged five of the men with fraudulently obtaining loans from the bank using fake documents while the sixth defendant, a bank employee, was charged with helping the men to fraudulently obtain loans.
In court, all the men denied the charges against them.
The trial was adjourned until May so the men could submit their defence.
ismail@khaleejtimes.com


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