May 03 2010 |
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Court hears witnesses in Iran bank case
The Dubai Criminal Court yesterday listened to four testimonies in the Dh84 million Bank Saderat Iran fraud case.In yesterday's session, the two main defendants: SH (55, Iranian, company manager) and MH (Iranian) were present. Both were released on bail after surrendering their passports. They denied the charges.
The defence asked for cross-examination of two witnesses who failed to attend, and the judge adjourned the case to June 1.
Meanwhile, second witness Bahram Abdul Muhsin, in-charge of collection at the bank, said the bank discovered that the documents were false after they were sent to the main office in Iran. The third witness, the bank official in charge of the credit section, Sayed Tajemon, said a woman called Nisreen presented the Sinashore documents to the bank, and the documents were signed by SH.
SH is accused of falsifying official documents that were supposedly issued by the Dubai Chamber and of commercial receipts and inspection certificates and using falsified documents to attempt to defraud the bank and steal Dh84m.
In another case, the former legal advisor of Nakheel failed to attend yesterday's session at the Dubai Criminal Court.
The court, hearing the company's new corruption case, adjourned the case to May 23.
The session secretary said the witness's mobile was always switched off.
Six defendants are involved, and four of those are at large. The main defendant, former sales consultant SR, is charged with accepting a Dh22 million bribe and causing a loss of Dh10.9m to Nakheel.
In a previous session, Mohammed Mustafa Hussein of the Financial Audit Department told the court of financial violations allegedly committed by SR.
By Mohammed Elsifady
© Emirates Business 24/7 2010
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