Accountant says he repaid 95% of Dh230,000 that he embezzled.Byline: Bassam Za'za' Dubai An accountant has claimed that he repaid 95 per cent of Dh230,000 he embezzled after abusing his job at a subsidiary of Dubai World Group, heard a court. "I am guiltya I did embezzle embezzle To take illegally something of value being held in custody for someone else. , but I repaid nearly 95 per cent of the embezzled amount," the defended, a 30-year-old Indian accountant, said when he appeared before the Dubai Court of First Instance yesterday. The Public Prosecution arraigned the defendant, S.T., with abusing his duty as a public servant and embezzling money from the subsidiary where he worked as an accountant. The suspect asked Presiding Judge Fahmi Mounir to give him a lenient judgment. S.T. confessed before prosecutors that he collected money from clients, gave them handwritten hand·write tr.v. hand·wrote , hand·writ·ten , hand·writ·ing, hand·writes To write by hand. [Back-formation from handwritten.] Adj. 1. receipts without depositing the cash in the register. Records identified the subsidiary of Dubai World Group as owned by Dubai Government. Audit An Emirati legal consultant testified: "The audit department exposed that the suspect embezzled Dh230,000. He abused his accountancy job and pocketed the money. He was supposed to hand the clients receipts from the subsidiary's computer but instead he gave them handwritten receipts. He kept the receipts' carbon copy in his possession without handing it to the management." According to the subsidiary's finance manager, the suspect embezzled the amounts over two payments of Dh110,000 and Dh103,000. The arraignment A criminal proceeding at which the defendant is officially called before a court of competent jurisdiction, informed of the offense charged in the complaint, information, indictment, or other charging document, and asked to enter a plea of guilty, not guilty, or as otherwise permitted sheet said the incident happened between August 2007 and end of September 2009. Presiding Judge Mounir will issue his verdict on November 22. Al Nisr Publishing Al Nisr Publishing is a company based in Dubai, UAE. The company is a part of Al Tayer Group. It was established in 1985 by Obaid Humaid Al Tayer, Abdullah Al Rostamani and Juma Al Majid. It employs 1,050 people and has branches in Manilla, Bahrain, Abu Dhabi and Sharjah. LLC 2009. All rights reserved. Provided by Syndigate.info an Albawaba.com company |
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