Taskforce set up for Dubai corruption probe

TASKFORCE JOB: Police say a special unit has been set up to probe the corruption scandal in Dubai.

A special taskforce has been set up to investigate the alleged corruption scandal in Dubai, a police chief has revealed.

Major Gen Khamis Mattar al Mazina, deputy commander-in-chief of Dubai Police said more arrests could be made as the team continues to probe the emirate's financial institutions.

“We are the first country in the Gulf and the Middle East to have carried out these types of operations,” he told UAE daily The National on Wednesday.

Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, ordered the Dubai Public Prosecution office to establish the unit to investigate fraud in several government-backed companies, he added.

The investigations are being run by Dubai Public Prosecution to keep any pending arrests secret, he said.

The Public Prosecution said the team would be disbanded when the corruption investigations were completed, but did not say how long they would take.

Seven senior executives have been detained since Zack Shahin, the former chief executive of the property developer Deyaar, was held over allegations of “financial mishandling” in March.

Other companies caught up in the investigation include Tamweel, Nakheel, Istithmar World, Dubai Islamic Bank and Sama Dubai.

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