Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

UAE - Man offered bribe to annul fine, court hears  Join our daily free Newsletter

MENAFN - Khaleej Times - 09/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) A manager, who allegedly offered a Dh500,000 bribe to a Nakheel sales executive to cancel millions of dirhams in fines and dues, stood trial in the Court of First Instance on the charge of offering a bribe to a public employee.

The 32-year-old Iranian national was arrested red-handed on July 30 from the lobby of a hotel in Al Suffouh area in Jebel Ali as soon as he handed over Dh400,000 as a 'down payment' in return for some documents stating that fines worth Dh11.5 million had been cancelled. The Nakheel sales executive, a 40-year-old Colombian, said his job was to collect dues and debts to Nakheel by investors.

"During a meeting held in May, the defendant, with another man, on behalf of some investors, asked us to cancel fines cumulated on three plots totalling Dh11.5 million. An Emirati director turned their offer down and told them that she would sue them."

A few days later, the defendant met the executive again at Nakheel and offered to pay him Dh200,000.

"He said he was the son of a plot investor and offered the money in return for cancelling the fines. I told him that his request was illegal and that I would think about it," the sales executive said in the investigation.

The executive reported the defendant to Nakheel administration and consequently a complaint in this regard reached the State security. At the behest of law enforcement officers, the executive bargained with the defendant to pay him Dh500,000 for the favour.

A police officer said they arrested the defendant around 11.50am at a hotel after he handed over a suitcase filled with money and took an envelope with documents stating that the fines were annulled.

A police lieutenant testified that they were informed about the defendant trying to bribe a Nakheel executive to cancel fines on some plots in the Jumeirah Village project.


 






  MENA News Headlines
 Jul 26 2014 - TAQA quits USD1.6b power plant deal with IndiaMENAFN
(MENAFN) Abu Dhabi National Energy (TAQA) backs off of a USD1.6 billion deal to buy two hydroelectric power plants from Indian Jaiprakash Power Ventures, Gulf Daily News reported.TAQA told Jaiprakash ...

 Jul 26 2014 - Dubai's Aramex profit up 12 percent in Q2MENAFN
(MENAFN) Dubai logistics firm Aramex reported a 12 percent rise in second-quarter net profit, driven by growing revenue in its core Gulf market, Gulf Daily News reported.According to a bourse filing, ...

 Jul 26 2014 - Qatar's Barwa second-quarter losses hit USD11.8mMENAFN
(MENAFN) Barwa Real Estate, Qatar's largest listed property developer, has registered an USD11.8 million net loss in the second quarter, Gulf Daily News reported.The second-quarter drop was compared ...

 Jul 26 2014 - KOC signs three USD2.34b worth contractsMENAFN
(MENAFN) The Kuwait Oil Company (KOC) signed contracts worth USD2.34 billion to build three collection centers in the company's areas of operations, QNA reported.KOC's first contract, worth USD685 ...

 Jul 26 2014 - McDonald's Japan halts sales of Chinese chicken after scandalArab News
(MENAFN - Arab News) KYO: McDonald's said Friday that its restaurants in Japan had stopped selling products made with chicken from China in a marked widening of a scandal that saw expired meat sold ...

 Jul 26 2014 - Two soldiers two cops die in Pakistan attacksArab News
(MENAFN - Arab News) LAMABAD: A bomb killed at least two Pakistani soldiers in the country's northwestern tribal district where the army is carrying out a major offensive against Taleban militants ...

 Jul 26 2014 - EU reaches preliminary deal on Russia economic sanctionsArab News
(MENAFN - Arab News) USSELS: European Union ambassadors reached a preliminary agreement on Friday to push ahead with hard-hitting economic sanctions against Russia over the Ukraine crisis but details ...

 Jul 26 2014 - West Africa Ebola death toll reaches 660: WHOArab News
(MENAFN - Arab News) NEVA:The death toll in West Africa's Ebola outbreak has risen to 660 with the number of cases surpassing 1000 the World Health Organization said Friday.WHO spokesman Paul Garwood ...

 Jul 26 2014 - WHO seeks humanitarian corridor to evacuate victims of Zionist barbarityArab News
(MENAFN - Arab News) NEVA: The World Health Organization (WHO) called on Friday for a humanitarian corridor to be set up in Gaza to allow aid workers to evacuate the wounded and bring in life-saving ...

 Jul 26 2014 - US dolls were meant to spread cheer not chillArab News
(MENAFN - Arab News) N CLEMENTE California: They sent a creepy feeling through several Southern California families but authorities say the person who left porcelain dolls on doorsteps didn't mean ...

more...


 






Google

Taqs

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help