Friday 27 March 2009

Decision imminent on Shahin prosecution

A decision will be reached within 10 days on whether to refer to court the case of Zack Shahin, the former CEO of the property company Deyaar and the first executive arrested as part of Dubai’s year-long corruption investigation, the Attorney General said yesterday.

“The investigation is 90 per cent complete,” Issam Humaidan told reporters at Dubai’s third annual Judicial Forum. “The file is with me and I will be reviewing it over the next few days, a decision will be made with regards to this case within the next 10 days.”

This month marks the first anniversary of Mr Shahin’s detention on allegations of betrayal of trust. Last month Mr Humaidan said investigations were nearing a conclusion and that charges of money-laundering were also being considered.

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