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Abu Dhabi, UAEMonday 18 June 2018

Man cleared of embezzling Dh41m from Kuwaiti company

Dubai Criminal Court acquitted the man of aiding and abetting three others 

A man has been cleared of helping three other men embezzle Dh41m from a Kuwaiti company by Dubai Criminal Court.

The Pakistani man, whose age was not disclosed in records, was charged with aiding and abetting two British nationals and a Kuwaiti man to scam the real estate company.

The three other defendants were all convicted of forgery, use of forged documents fraudulently obtaining Dh41m, and money laundering by transferring the money to different bank accounts outside the UAE.

All four defendants are still at large.

The British and Kuwaiti defendants, whose ages are not disclosed, were not present in court but were two years in prison each to be followed by deportation while the Pakistani accused, was acquitted of all charges.