Fresh investigations by prosecutors have shown that four Australian executives inflicted a loss of Dh142 million on Nakheel’s Water Front Project, Gulf News has learnt.
On July 15 the Dubai Court of First Instance returned the graft case, famously known by the Dubai Waterfront, involving two former Nakheel executives and two runaway suspects, who were earlier charged with causing deliberate loss of Dh44 million, to probe uninvestigated incidents after four years of proceedings.
The two former executives are the 43-year-old executive director, M.J., and the 40-year-old operations manager, M.R.
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