Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 3 hours, 31 minutes ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
HOME LOCAL MIDEAST ASIA WORLD BUSINESS SPORT OPINION WRITERS
Businessman held for endorsing dud cheques worth Dhs624m
NADIA SULTAN February 06, 2018
 Print    Send to Friend

DUBAI: An Asian businessman who is wanted in cases involving dud cheques totaling Dhs624 million has been arrested at the Dubai International Airport.

The security team of Al Ref’ah Police Sation in Dubai arrested the accused once he reached the airport.

Col. Ahmed Bin Ghalita, Director of the Police Station, said that the suspect’s location remained unknown since more than a month after he had endorsed those cheques against petroleum products that he shipped to his homeland.

He owns a company in the country operating in such trade and previously had deals worth Dhs1 billion with the complainants, which he repaid in time, Bin Ghalita added.

He reportedly left the country during the New Year (2018) vacation after he endorsed those cheques.

He was sure that the banks would remain closed and those companies would have to wait until the vacation ended. The cheques bounced as the suspect’s balance was insufficient.

The companies managed to reach him on phone after several attempts. But he informed them that he would not pay the money and would not return to the UAE. The companies accordingly filed complaints against the suspect and enclosed the cheques with the Al Ref’ah Police Station.

Based on the complaints, a circular was immediately distributed to all ports and police stations nationwide.

Bin Ghalita pointed out that a competent security team made a great effort to trace the defendant.

They knew that he owned a company operating trade of petroleum products in the country and another in his homeland. He disappeared completely since early January. Also they knew that he entered the country several times surreptitiously and was leaving on the same day of entry. This was before the lodging of the complaints against him, Bin Ghalita added.

The team remained vigilant tracing the suspect round the clock until they got information that he would visit the country late on one flight to Dubai. He was arrested once he got off the plane.

He confessed to endorsing the dud cheques. Accordingly, he was referred to the Public Prosecution, where he said that he recently stumbled in his trade, which prompted him to refrain from paying the cheques.

Add this page to your favorite Social Bookmarking websites
Comments
 
Post a comment
 
Name:
Country:
City:
Email:
Comment:
 
    
    
Related Stories
19 drug traffickers arrested by RAK security teams
RAS AL KHAIMAH: The Ras Al Khaimah Police announced that in January the security teams have arrested 19 drug traffickers and abusers. The culprits were of different natio..
Gang fined Dhs750,000 for telecom fraud
DUBAI: A gang of five men using uneducated labourers’ Emirates IDs to swindle iPhones and services from a telecom company have been jailed for three years and fined Dhs75..
Maid, friend in court for selling infant
Dubai: A maid hawked her two-week-old illegitimate daughter until she sold her to an undercover cop at Dhs10,000, the Criminal Court heard on Wednesday. The African ma..
Killer husband sentenced to death
ABU DHABI: The Abu Dhabi Criminal Court sentenced a GCC national to death, on the charge of premeditatedly killing his wife with an incendiary substance. The court aut..
Petrol station official robs for fiancé
DUBAI: A petrol station’s female official who snatched Dhs124,642 and wired it to her fiancé in the US has been imprisoned and ordered to pay twice the sum. The Asian ..
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright