Cassation Court Verdict Closes Nakheel Case
Two former employees of leading property developer Nakheel were found guilty of accepting a bribe of Dh5.1 million and sentenced to a three-year prison term each by the Court of Cassation on Monday.
The two — a former Emirati general manager (sales) and a former Egyptian salesman — were also fined Dh 3m each by the court, which upheld the earlier decision of the Court of Appeal in this corruption case.
The court also specified that the 29-year old Egyptian salesman would be deported after he had served his prison sentence. Earlier, according to court records, the Court of Appeal had also upheld on January 17 the preliminary verdict given by the Court of First Instance – sentencing on May 31, 2009, the former general manager (sales) and the salesman to three years in prison each for accepting the over Dh 5m bribe.
According to court records, the two former Nakheel employees were accused of overcharging a company following the purchase of a plot on the sea front at Palm Jebel Ali.
They illegally took the 2 per cent difference between the plot’s original and the sale price, worth over five million dirhams, as a ‘commission’ to which they were not entitled.END
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