A businessman has been accused of offering a AED500,000 ($136,132) bribe to a Nakheel executive to cancel AED3.7m ($1m) in fines imposed by the Dubai developer against his company, a court heard.
The 32-year-old Iranian national is said to have accumulated the fines over deals on three plots of land in the Jumeirah Village Project, local media reported.
It was part of a reported AED11.5m ($3.13m) in late payments being demanded by Nakheel to various investors.
Prosecutors allege that after requesting a meeting with a Nakheel executive to discuss the matter, the defendant offered to pay him AED200,000 ($54,453) to cancel the fines.
However, the Dubai Court of First Instance heard that Nakheel informed authorities and then pretended to accept the bribe - bargaining with him to increase the offer to AED500,000 ($136,132) - in what became a police sting operation.
The defendant, who has pleaded not guilty, was arrested when he allegedly handed over AED400,000 ($108,906) in a bag in a hotel lobby on June 10.
The court has been provided with voice recordings to be used as evidence to back up the charge of bribing a public employee during the trial.
The defendant has denied offering money during the meeting with the Nakheel executive.
The case was adjourned to December 18.
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