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A Manager on trial for embezzling AED 7.5 Million

Dubai Criminal Court has convicted a manager of a company who embezzled AED 7.5 million from his workplace with which he bought a villa for himself. The court sentenced him to three years in prison followed by deportation and a penalty of AED 7.9 million.

In details, the defendant took advantage of the authorities granted to him by the company board and embezzled AED 7.5 million over four years. During that period he bought a villa for himself and took AED 270,000 as an education allowance for his children and used the company’s cars for his personal needs. During an internal investigation, he admitted that he had already purchased the villa with the company’s funds but it was based on an oral agreement and the approval of the chairman of the company.

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