Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
 | 
Last updated 2 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
Girl falls to death
SHARJAH: Sharjah Police are investigating the death of an Arab girl-child who died as she fell from a residential building in Al Musalla, Sharjah. The operations room ..
7 to face trial for Emiratis’ murder
AJMAN: Seven men implicated in the grisly murder of two Emiratis during a street fight in Ajman will stand trial on Sunday. The seven referred to Ajman Criminal Court ..
Dhs1.6m robbed in chilli attack
DUBAI: Five men intercepted an executive, sprayed him with chilli, punched him and decamped with his Dhs1.6 million, the Dubai Criminal Court heard on Wednesday. The A..
Asian woman imprisoned for assaulting man
DUBAI: A woman who dragged a man by the collar for six hours to a police station following a money dispute has been imprisoned with her two compatriot accomplices. The..
Woman hid drugs in peanut butter
DUBAI: A woman who stashed marijuana in peanut butter during a botched mission to smuggle it into the UAE was locked up on Thursday. The unemployed African woman, 30, ..
FRONTPAGE
 
GALLERY
 
PANORAMA
 
TIME OUT
 
SPORT
 
 
Advertise | Copyright