Sunday 15 July 2012

gulfnews : Deyaar graft case back to square one

In yet another surprise involving Deyaar’s former CEO, his case and eight other suspects, charged with committing Dh237 million worth of financial irregularities was referred back to prosecutors for fresh investigations.
The Dubai Court of First Instance referred the case file to the Public Funds Prosecution to look into two dealings concerning Deyaar projects in Turkey and in Abu Dhabi.
According to yesterday’s decision, prosecutors will also have to conduct fresh investigations concerning other incidents of forgery and of illegal profiting worth nearly Dh11 million from a branding company.

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