Fourth person arrested in Deyaar embezzlement case

Dubai: Another employee of Deyaar has been arrested in connection with financial irregularities at the Dubai property developer, Public Prosecution sources said on Tuesday.

The Argentinian of Syrian origin, who is the fourth person to be detained in connection with financial irregularities at Deyaar, has been arrested around one week back, said the sources.

Earlier on Tuesday, a Dubai Court judge extended the provisional detention of Deyaar Chief Executive Officer Zack Shahin to 30 days, who was arrested in connection with alleged financial irregularities at Deyaar, Public Prosecution sources said.

Deyaar said he subsequently resigned.

Apparently, Shahin has been moved out of Bur Dubai Police Station.

A 38-year-old Lebanese sales manager has been arrested in connection with alleged financial irregularities at Deyaar four days back and more arrests are likely, said the sources.

Last week, police arrested a 49-year-old Indian manager in connection with the case.