Dubai accountant says he repaid 95% of Dh230,000 that he embezzled
Suspect asks presiding judge to give him a lenient judgment
Dubai: An accountant has claimed that he repaid 95 per cent of Dh230,000 he embezzled after abusing his job at a subsidiary of Dubai World Group, heard a court.
"I am guilty… I did embezzle, but I repaid nearly 95 per cent of the embezzled amount," the defended, a 30-year-old Indian accountant, said when he appeared before the Dubai Court of First Instance on Wednesday.
The Public Prosecution arraigned the defendant, S.T., with abusing his duty as a public servant and embezzling money from the subsidiary where he worked as an accountant.
The suspect asked Presiding Judge Fahmi Mounir to give him a lenient judgment.
S.T. confessed before prosecutors that he collected money from clients, gave them handwritten receipts without depositing the cash in the register.
Records identified the subsidiary of Dubai World Group as owned by Dubai Government.
Audit
An Emirati legal consultant testified: "The audit department exposed that the suspect embezzled Dh230,000. He abused his accountancy job and pocketed the money. He was supposed to hand the clients receipts from the subsidiary's computer but instead he gave them handwritten receipts. He kept the receipts' carbon copy in his possession without handing it to the management."
According to the subsidiary's finance manager, the suspect embezzled the amounts over two payments of Dh110,000 and Dh103,000.
The arraignment sheet said the incident happened between August 2007 and end of September 2009.
Presiding Judge Mounir will issue his verdict on November 22.
