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Dh 50,000 bank fund embezzlement lands employee in Dubai court

A legal collector who works for a bank stood trial for allegedly embezzling Dh 50,000 at the Dubai Court of First Instance.

A former bank employee who worked as a legal collector allegedly embezzled bank funds amounting to Dh 50,000 .

The case was heard at the Dubai Court of First Instance that saw the 45-year old defendant assigned with the payment of fees, fines, and finalization of transactions for impounded cars at the police, municipality or for abandoned cars, as per the public prosecution records.

However, Khaleej Times reports that instead of presenting documents and receipts to the bank as proof of payment for the due fees and finalized transactions, the employee had allegedly embezzled the funds.

By the time the administration requested the employee to return the money, he confessed, in the presence of a witness, that the money was spent for personal needs. The defendant likewise took all the blame for the situation, thereby denying any involvement of the witness for the responsibility to pay back what he owed.

The man has since been charged with embezzlement of public funds with the case dating back to June 2010. The case was registered at Naif police station.

A ruling will be issued on March 12.

 

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