Tuesday 15 June 2010

Dubai Properties ex-chairman freed from jail, UAE Crime - Maktoob Business


Former Dubai Properties chairman Hashim al-Dabal has been released after repaying $35 million in public funds which he was accused of embezzling, the emirate's government said on Tuesday.

The executive, who was detained in late 2009, still faces questioning over suspected wrongdoings, the government media office said in a statement.

"Dubai's attorney-general, Issam Humaidan, decided to release the accused Hashem al-Dabal after he repaid to 130 million dirhams ($35.40 million) in public money he had embezzled by exploiting his position and authority," it said. Prosecutors started questioning Dabal late last year, one of many cases launched in an anti-corruption drive.

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