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18 July 2024

Dubai bank case hearing in March

Dubai bank case hearing in March. (EB FILE)

By Mohammed Elsidafy

The Dubai Criminal Court yesterday adjourned a case of swindling of Dh1.8 billion in Dubai Islamic Bank (DIB) to March 1 after a defence lawyer sought to hear the testimonies of two defence witnesses.

Seven people are accused in the case, five out of whom were produced in court yesterday from judicial custody. The seven include US citizen ZO, three British nationals – CM, RL and AV – two Pakistanis – RO and OM – and one Turkish national AE. The testimony request was moved by AV's lawyer.

OM was formerly a manager at DIB's finance department while the other Pakistani, RO, worked in the same department. Others are businessmen.

Earlier, the Public Prosecution had referred the seven to court accusing them of swindling, embezzlement, involvement in a crime, forging of an official document and use of a forged official document.

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