Dubai: Former Dubai Properties chairman Hashim Al Dabal has been released after repaying $35 million (Dh128.8 million) in public funds which he was accused of embezzling, the Attorney General of Dubai said on Tuesday.
The executive, who was detained in late 2009, still faces questioning over suspected wrongdoings, Attorney General Essam Al Humaidan said in a statement.
Al Humaidan said that Al Dabal was released after he "deposited the embezzled money with the treasury of the Attorney General for the interest of Dubai Government."
He added that investigation with the suspect on 15 counts are still going on. "It's too early to explain the course of disposition on the counts as corruption cases require, in general, specific procedures by the law," he said.
Prosecutors started questioning Al Dabal late last year, one of many cases launched in an anti-corruption drive.
After the investigation began, Dubai Holding Chief Executive Ahmad Bin Byat was named acting chairman of Dubai Properties.
With input from WAM and agencies
