UAE | Crime
Former sales manager in Dubai jailed for collecting Dh17m in kickbacks
A former sales manager has been sentenced to three years in jail on Thursday for collecting Dh17 million in unlawful commissions for selling and reselling properties in the Dubai Industrial City.
- By Bassam Zaza, Senior Reporter
- Published: 10:54 May 28, 2009
Dubai: A former sales manager has been sentenced to three years in jail on Thursday for collecting Dh17 million in unlawful commissions for selling and reselling properties in the Dubai Industrial City (DIC).
The Dubai Court of First Instance also fined the 32-year-old Emirati Dh17 million and ordered to repay the money collected as commissions.
The Emirati was charged with asking a number of DIC clients to pay him unlawful commissions to the tune of Dh17 million for selling and leasing DIC properties. The suspect allegedly collected the money in cheques or through bank transfers to the account of an electronics company that was registered in the names of his sister and mother. According to the arraignment sheet, A.A. was in charge of the electronics company's accounts.
An Emirati DIC senior executive claimed in his statement that between June 2006 and July 2007 the defendant collected about Dh30 million in payments from several customers.
"The defendant, who used to deal with customers directly, was in charge of booking commercial and industrial properties to sell or lease them to clients. Reportedly, he used to inform his customers that the property they desired had been booked by another customer. Then he used to convince those customers to pay extra fees and to deposit these fees in the electronics company's accounts," the senior executive told the Public Prosecution.
The witness testified that the suspect would transfer the ownership of the property after he had received his commission.
"While following up on our services with our clients, we coincidentally discovered what the defendant had been up to... I met with a client who claimed that the suspect requested Dh800,000 as a kickback to rent a certain property.
"Upon confronting him with our findings, the suspect said it was an error and returned the money," claimed the executive, adding that he had asked the internal audit department to make an inventory.
Community Reports
-
Street lights needed
Authorities urged to act with haste before a major accident occurs in Al Nahda, Dubai
-
Motorists ignore stop sign on buses
Overtaking school vehicles can put students' lives at risk
-
Safety regulations flouted at Dubai work place
In Al Nahda 2, two workers were seen working on the crane boom at a height of 20m without a full body harness or safety net in violation of rules
-
Closing U-turns creates new risks
Authorities urged to reopen closed U-turns or construct new ones on Shaikh Khalid Al Qasimi Road in Sharjah
Latest news
- MasterChef's George Calombaris coming to UAE
- UAE ministry scraps online labour transactions
- Dubai Appeal Court upholds death sentence
- Businesswoman denies making indecent gesture
- 369 truckers fined for traffic violations
- Al Ain Zoo: Four eland antelopes make debut
- Three men held for robbery in Sharjah
- Reimbursement of ID card fines to take time
- Street lights needed
- Fund to settle unpaid loans of UAE citizens
- Desert clean-up gets new impetus
- Big turnout for race with a difference
- Private schools in Dubai failing to deliver
- Higher fees do not ensure better education
- Dubai civic body trims costs to achieve surplus
