Court orders Barazi to give particulars of his income - The National Newspaper

A judge yesterday ordered Bisher Barazi, the former Dubai International Financial Centre (DIFC) executive accused of fraudulently awarding US$4.8 million (Dh17.63m) of bonuses to himself and other officials, to reveal information about his sources of income and the recent sale of his home in Dubai.

Lawyers for DIFC Investments, the DIFC financial arm Mr Barazi headed until late last year, told the court they suspected he may be selling assets and preparing to leave the country.

Although he is subject to a travel ban, which prevents him from leaving the UAE, Mr Barazi has sent his immediate family home to Syria, sold his villa in the Lakes and asked to have travel restrictions removed, a lawyer for DIFC Investments told a DIFC Courts judge yesterday, adding that she believed the conduct to be “evasive”.