The jailing this week of six men who embezzled more than Dh1.8 billion from Dubai Islamic Bank was the climax of a remarkable legal drama that had gripped the financial community for the past three years.
The six were each sentenced to 10 years, the heaviest penalties to be handed out to date in a fraud case. And they were jointly fined Dh1.8bn and ordered to return the cash they embezzled to the bank.
The hearings put a spotlight on corruption that prosecutors said had harmed both the bank and the Government. The vigour with which the case was pursued and the severity of the sentences signalled the authorities' determination to root out wrongdoers and make them pay for their crimes.
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