Wednesday, 30 May 2018

28 jailed for Dh635-million bank swindle in Abu Dhabi | GulfNews.com

28 jailed for Dh635-million bank swindle in Abu Dhabi | GulfNews.com:

"The Abu Dhabi Criminal Court on Wednesday found 28 defendants guilty of the embezzlement of Dh635 million from an Abu Dhabi bank and awarded them jail terms ranging from one year to 15 years.
They were convicted of carrying out fraudulent activities and misappropriating the huge amount on different occasions from the bank.

The court ordered the convicts to pay back Dh9 million, which the bank has not been able to recover yet."



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