At The top court in Abu Dhabi.


Abu Dhabi: Man gets 25 years in jail, fined Dh50 million for financial crimes

The Abu Dhabi Criminal Court sentenced a man to a total of 25 years in jail and fined him a total of Dh50 million for money laundering and embezzling public funds.

He was convicted of money laundering, tax evasion, embezzlement, intentional damage to public funds, forgery and use of forged official documents.

The man, who works for a public agency, created fake scholarship files to embezzle funds from the company worth Dh40 million.

He was sentenced to 15 years in jail for misappropriation and damage to public funds, forgery and use of fake documents. He was fined Dh40 million.

The court also sentenced him to 10 years in jail and fined him Dh10 million for the crime of money laundering.

Investigations by the Abu Dhabi Public Prosecution revealed that the defendant abused his professional position to commit the offences.

He attempted to cover up his acts by buying luxury cars, registration plates with distinguished digits, valuable jewellery, and trips abroad. ICA/Expat Media

For all the latest news from the UAE and the world, follow us on Facebook, Twitter and Instagram and subscribe to our YouTube page


ADVERTISE HERE Find or post new jobs, motor ads and classifieds

Explore Expat Media