| 04 Feb 2010 |
|
Court Denies Deyaar Ex-CEO Bail again
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DUBAI -- The Dubai Court of First Instance on Wednesday denied bail to DeyaarDeyaar
's former American CEO once again after repeated requests from his lawyer. The court also heard two prosecution witnesses in the third DeyaarDeyaar case involving the former CEO on Wednesday.
Ali Abdullah Al Shamsi is representing the former CEO, who has been on trial in three cases: two in the Criminal Court (including this recent case) and a third one in the Court of Misdemeanours.
Apart from the American defendant, an Argentinean business partner and a Canadian operations manager (absconding) are on trial in this case. The three are accused of soliciting a bribe of Dh30.5 million from a private firm for letting it win project tender bids floated by DeyaarDeyaar
.On Wednesday, one of the prosecution witnesses -- an employee of the firm from which the bribe was allegedly asked for -- told the court that his firm offers engineering consultancy services.
The second witness was a police officer who was part of the unit that seized some documents pertaining to the case. While what the witnesses said in the court did not confirm the bribery allegation itself, sources close to the case say that there is only the audit report prepared by the finance auditor to prove the allegation.
Earlier, the ex-CEO and Argentinean business partner had pleaded not guilty to the bribery charge.
Eissa Bin Haidar, who represents the Argentinean defendant, had challenged the possibility of his client asking for a bribe. He claimed that his client was in custody at the time of the incident and even a long time before that. "In the arraignment sheet of the Public Prosecution, it is said that the two defendants asked for a bribe from that particular firm to carry out projects. The bribe was allegedly solicited on July 6 last year. During that time, they were in jail. What the Public Prosecution is claiming is untrue," Bin Haidar told the court.
In the first case, the former CEO is charged, together with a former chairman of DeyaarDeyaar (a former UAE minister) and an absconding Indian operations manager, with embezzling Dh56.6 million from the property developer.
In the second case, the American along with eight other defendants are being prosecuted in the Court of Misdemeanours on the charges of breach of trust, fraud, forgery and divulging of confidential information related to DeyaarDeyaar.
© Khaleej Times 2010
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