Dubai Criminal Court yesterday asked prosecutors to charge a fourth man in connection with a Dh30.5 million corruption case involving developer Deyaar.
ZS, an American of Lebanese origin and former CEO of Deyaar, and Argentinian KM, commercial partner of Ambiance Technology, were already on trial and Canadian fugitive FL, Project Manager at Thermo, was being tried in his absence.
The public prosecution was asked to add AS, a former director of Thermo, to the list of defendants.
Prosecutors accuse the first three suspects of bribery in connection with the award of Deyaar contracts to Thermo and say they did not carry out their duties properly and broke company rules. The four are said to have made Dh30.5m.
Lieutenant Anas Abdullah, an officer at Dubai Police's Economic Investigation Department, told the court at an earlier hearing about a tip-off concerning suspicious transactions involving Ambiance Technology and Thermo on one side and Deyaar on the other.
Police seized all documents related to the transactions and submitted them to the Financial Control Department of the Ruler's Court.
Kamal Fenjani, Financial Manager of Ambiance Technology, told the court that the company owned by KM was engaged in engineering consultation and electronic trading, and Thermo was one of the clients.
The said KM received help from subcontractors for his engineering consultating business.
He told the court about money transfers to the subcontractors and a UK-based company called New Air, and said their total value was between Dh7m and Dh8m. The case continues.
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