Monday, 16 March 2009

Bribes for developers were not illegal, claim lawyers

Lawyers for seven former property executives accused of taking bribes and illegal commissions claimed yesterday that there was nothing in UAE law that prohibited what their clients had done.

Four former employees of Sama Dubai, the property arm of the government-owned Dubai Holding, and one former employee of Damac, one of the UAE’s largest private property developers, appeared before the Criminal Court of First Instance to plead not guilty to taking illegal commissions from the sale and resale of land owned by the Government.

Judge Fahmi Mounir granted a defence application for an adjournment but all five men were denied bail. The hearing will resume on Sunday.

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