Picture used for illustrative purposes.
The Abu Dhabi Criminal Court, which has jurisdiction over money laundering and tax evasion offences, has convicted a defendant involved in a case of laundering amounts derived from embezzlement, intentional damage to public funds, and forgery and use of forged official documents, taking advantage of his position in a public agency to create false scholarship files with the aim of defalcating funds from his employing authority, totalling some Dhs40 million.
The criminal court sentenced the accused to 15 years' imprisonment for committing the offences of appropriation and intentional damage to public funds, forgery and use of forged official and customary documents, restitution of the embezzled sums, and a fine equal to the sums defalcated, i.e. Dhs40 million.
The court also imposed a ten-year prison sentence and a fine of Dhs10 million on him for the crime of money laundering, and ordered the confiscation of all proceeds and objects seized and linked to, used in, or resulting from the crime.
The investigations conducted by the Abu Dhabi Public Prosecution revealed that the defendant abused his professional position to commit the offences of appropriation of public funds, and attempted to hide and disguise the truth and the source of the funds derived from his criminal project, by acquiring luxury cars, registration plates with distinguished digits, valuable jewellery, and trips abroad.
In the context of this case, the Public Prosecution advocated the need to preserve public funds and to take all necessary measures to counter any attempt to appropriate or obtain such funds by fraudulent and illegal means, in such a way as to ensure the protection of the resources and capabilities of the country and the preservation of the integrity and transparency of its financial and economic system.
Each company was subject to a fine of Dhs500,000, in addition to confiscating the funds of both companies, amounting to Dhs39 million, from seized bank accounts, and both companies were closed down.
The Court also ordered the seizure of the proceeds of the money laundering crime and the property of equivalent value, sentenced the two accused to pay an amount of Dhs501,000 as temporary compensation for the two companies claiming civil rights.
The plaintiff indicated that he worked as a manager and the appellee accused him of corruption and exploitation of his public profession to his personal interests through the “Zoom” app.
The competent authorities were called to the crime scene and the body was examined and found to belong to an Asian man in his sixties identified as (K.G.K).
The step is aimed at reducing crowding and random parking of vehicles on the roads where traffic accidents occur and prevent traffic jams in accident sites, they said.
The 63-year-old, who considers himself "a Christian, a conservative and a Republican, in that order", will formally launch his campaign with a video, speech and townhall event in the early voting state of Iowa on Wednesday.