Photo has been used for illustrative purposes.
Sohaila Ahmed, Staff reporter
A local bank has been accused of swap fraud of SIM card that lead to a customer’s nearly loss of Dh5m of his life savings. Such judgment is the first of its kind in the UAE.
The case dates back to 2017 when the man’s money was stolen from his account which the bank had then closed without his knowledge, Dubai Commercial Court was told.
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Ghassan El Daye, Partner and head of litigation Middle East with the UK-based law firm Charles Russell Speechlys, said “Our client, used to work in UAE but moved out of the country leaving behind Dh4.6m in a personal savings account he opened in 2015.”
The man visited the UAE in May 2017 and used his ATM to withdraw cash, but found his account empty.
Al Junaibi added that the duo committed fraud by using one of the IT means, punishable as per the Federal Penal Code.
A company owner was defrauded after he received a cheque which was supposed to help him clear his debts, but he found the cheque was worth Dhs350, instead of Dhs350,000.
Defendants faced charges of forming and forging documents to embezzle $1.7 million or Dhs6.2 million from bank accounts belonging to a businesswoman, who was a customer of a UAE bank.
The Department of Municipalities and Transport, represented by the Integrated Transport Centre (ITC) Abu Dhabi, said individuals who will use the Abu Dhabi Traffic Toll Gate can recover the balance of the electronic payment account in two cases only: selling the existing vehicle or buying a new one in accordance with the ITC procedures.
The 53rd draw saw 26 winners share the Dhs1,000,000 second prize, taking home Dhs38,462 each. The top prize of Dhs10,000,000 is still up for grabs in the upcoming Grand Draw on Dec.4, 2021 at
Dubai’s Burj Khalifa wrote on Twitter, “Let us celebrate 50 glorious years of growth, progress and prosperity of our nation as we look forward to the next 50 years!” The Dubai International Airport also marked the national day celebrations at its premises.
On the occasion of UAE’s 50th National Day, the Dubai Crown Prince has come up with an adorable picture of him holding his twins Sheikha and Rashid.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and their Highnesses the Rulers of the Emirates, Crown Princes and Deputy Rulers witnessed the official Golden Jubilee celebrations in Hatta on Thursday.