The photo has been used for illustrative purposes.
Hamza M Sengendo, Staff Reporter
A private company manager who embezzled Dhs2.23 million from his workplace will spend five years in the dock and pay twice the sum, the Dubai Criminal Court has ruled.
The Asian defendant, 49, worked at a distribution services company as its financial and administrative manager. He abused his duties to siphon Dhs2, 238, 602 between 2011 and 2015, prosecutors revealed on Jan.13.
He aided a female Asian treasurer, 51, to swindle Dhs70, 000 and aided an accountant, 38, and a chief accountant, 38, to swindle Dhs11, 500, and Dhs35, 000 respectively. The trio also abetted the manager’s criminal activities.
Both accountants faked e-records including receipts by exaggerating sums of money that the company’s clients owed to it. To conceal missing Dhs296, 886, the accountant exaggerated Dhs849, 139 to Dhs1, 146, 026.
The manager went on the run. The Dubai Criminal Court sentenced him (in absentia) to five years in jail, ordered him to repay the Dhs2, 238, 602 and slapped him with an equivalent fine to be followed by deportation.
It sentenced the treasurer, accountant and chief accountant to three years and slapped them with Dhs100, 000 fines plus deportation. In addition, it ordered the manager and accountant to repay Dhs296, 886 plus an equivalent fine. Prosecutors had accused the manager’s sister –a secretary, 44- of taking part in the scam. They said the manager illicitly handed her allowances and bonuses to the tune of Dhs19, 025. However, the court found her innocent.
On the record, an Egyptian financial control officer said the company incurred a Dhs2.35m loss as a result of the manager’s activities in which the other convicts were also involved. They faked receipts of petty expences in the e-system.
He said the female treasurer who had been tasked with collecting sums and depositing them in the company’s account overlooked procedures. She pocketed Dhs70, 000 and helped the manager walk away with Dhs316, 548. She helped the accountant take Dhs11, 500 and the chief accountant take Dhs35, 000. All this happened upon the manager’s consent. The accountant exaggerated receipts and the chief registered bogus data in the e-system. The accountant would manipulate petty expences receipts pertaining to the company’s vehicles. He presented statements to the manager for approval without showing documents to back them or receipts showing he spent the mentioned sums in the company’s interest.
An unemployed African woman, 34, lured an Asian man, 33, with her accomplices and stole Dhs60,000 from his possession.
An Asian man, 48, sought the help of two policemen who he knew very well to arrest the son of his partner, 24, and force him to sign a promissory note for Dhs132,000 in financial obligations to be paid by his partner.
A trespasser insulted police officers and bragged about being an American, the Dubai Criminal Court heard on Monday.
His Highness Sheikh Humaid Bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, on Sunday, visited Thumbay Medicity, in the Emirate, and the newly opened Thumbay University Hospital, the latest academic hospital in the region. He was received by founder president of Thumbay Group Dr. Thumbay Moideen and vice-president of Thumbay Group Healthcare Division Akbar Moideen Thumbay.
The UAE has stepped up measures and shall continually seek ways to keep any fraud at bay and not seep into sectors and industries.
The Sharjah Criminal Court has adjourned a case in which five Asians were charged with killing another by hitting him with a sharp tool.
Tenants of Duja Tower, which caught fire on Thursday, began moving back to their respective apartments on Saturday evening after Nasser Lootah Real Estate, the management company of the Tower, opened all apartments deemed habitable by the Dubai Civil Defence, within 36 hours.