ArabianBusiness.com - Middle East Business News
Sunday, 08 November 2009 14:30 UAE time

YOUR DIRECTORY /

| Share |

Four Sama Dubai execs arrested - report

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Thursday, 21 August 2008
EXEC DETAINED: Almarri (pictured) is one of four Sama Dubai employees detained by police. (Supplied)

Four senior employees of state-owned developer Sama Dubai have been arrested and are being questioned by public prosecution, the latest in a string of executives caught up in the Dubai government's crackdown on corporate corruption.

One of those being questioned is Abdulsalam Almarri, CEO of the Lagoons project, newswire Zawya Dow Jones reported on Thursday, citing documents it has seen.

According to Zawya Dow Jones all four have been detained on allegations of bribery and mistrust.

Story continues below
advertisement

Sama Dubai was not available for comment when contacted by Arabian Business.

The arrests at Sama come just a week after Nakheel confirmed one of its employees is being quizzed over bribery allegations and Tamweel's biggest shareholder Istithmar World said the mortgage lender's former chief executive and head of investments have also been detained.

The Dubai government has embarked on a massive drive to stamp out corruption in region's financial hub, with the public prosecutor earlier this week reiterating the government's strict stance and warning it will take action against violators.

Investigations are also underway into ex-employees of Deyaar Development, including its former CEO, and Dubai Islamic Bank.

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.
lagoons - first in a line of dominos?
Posted by prefer to not to, dubai, uae on Sunday 24 August 2008 at 09:15 UAE time

Is anyone really surprise by this? Do people believe that in the UAE there is no problem with corruption? If the government is now serious about stamping this out then this can only be the start of a long line of exposures, and will be further fuelled by whistle-blowers who will no longer feel inclined to keep their mouths shut.
Why would they WANT to commit such crime?
Posted by Kaptain, Dubai, United Arab Emirates on Saturday 23 August 2008 at 15:06 UAE time

With so much money afloat and around in the Mid East corroborated with lesser poverty in the national / local percentage. One wonders, why would somebody at this commanding post resort to such unwanted crime? Weren't they paid well? Don't they drive super-natural cars? Don't they pride in their lavish villas? Don't they spend 2 weeks every year at a foreign resort? What would make them resort to such step?

Psychological analysis with crime investigation must be done as well. This could be a Foreign University study project as well. Could lead to some astounding findings. Surely.
corruption
Posted by john, uae on Saturday 23 August 2008 at 13:42 UAE time


just wondering...what will happen to these people once convicted?will they be blacklisted?deported?banned for life?
WHIMSICAL SHARIAH?
Posted by MOHAMMED KALEEMULLAH, DUBAI, U.A.E. on Saturday 23 August 2008 at 13:17 UAE time


An unnamed well-wisher has connected and blamed somehow the Sharia with UAE Corruption, which is no where related. In fact this letter showed whimsical notions of biased humans, especially people who remains anonymous and annoy others. For there is no relation between the word 'whimsical' and 'Sharia'. Sharia is complete in itself. The habit of blaming, dragging Islam or Sharia for anything, anytime is not good and shows the grudges clearly. Dont add another word 'whimsical Sharia' in your terminology, already we are contended with the label 'Islamic terrorists'. Being a responsible paper, Arabian Business should know where to draw the line. I believe Moral corruption is worst than the finanicial one.

View all comments (10) >>


Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

RELATED LINKS

  1. Sama Dubai»
  2. Schon Properties»

 EMAIL ALERTS

  1. Sama Dubai

  2. Schon Properties

  3. Real Estate


CURRENCY CONVERTOR

Tell us your story

READER COMMENTS

  1. The tipping scandal 12
    08 Nov ' 09 at 13:01
    This is such a shame. These poeple will never realise the grave human rights violations they are committing. I am sure that it was the...   More  »
  2. Abu Dhabi to ban all plastic bags in shops by mid-2010 06
    08 Nov ' 09 at 11:40
    Paper bags also harm the environment (maybe worse than plastic). Paper bags cause the destruction of trees (not in great supply in the...   More  »
  3. UAE to be among top tourist hubs in 5 years - survey 05
    08 Nov ' 09 at 09:05
    It just boils down to one thing- There are countries who try to market their toursim potential. And there are countires who do not...   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM