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 2008Posted on Sunday, 24 August 2008
lagoons - first in a line of dominos?
Posted by prefer to not to 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.
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Posted on Saturday, 23 August 2008
Why would they WANT to commit such crime?
Posted by Kaptain 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.
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corruption
Posted by john at 13:42 UAE time
just wondering...what will happen to these people once convicted?will they be blacklisted?deported?banned for life?
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WHIMSICAL SHARIAH?
Posted by MOHAMMED KALEEMULLAH 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.
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Fraud and Corruption in Real Estate
Posted by Ashok Kumar Agarwal at 13:07 UAE time
It is pity that such tings are happening in Dubai which may tarnish the image of this beautiful country.
Indeed Arabian Business is doing a tremendous job in reporting the corruption in the Dubai bureaucracy and bringing up the facts before the general public.
Keep up the good work. All kudos to you.
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Posted on Friday, 22 August 2008
UAE corruption
Posted by prefer to remain unnamed at 23:48 UAE time
well, it goes without saying that the real estate market in the UAE is completely over inflated.
No sane person should invest in this country's real estate. Unless you like sink holes.
Do not buy in Dubai. Contact your local embassy and do your research. the UAE barely has a functioning legal system which often falls under the whimsical SHARIA hand or/ and WASTA hands.
There is a whole world of REAL booming markets but the UAE has no future in terms of work, jobs, long term economy etc..
the laws will not protect the investors and if anything that is why there is corruption. The laws in fact do not exist and those that do are minimal and non effective.
You are dealing with a newly formed legal system, less than ten years old and which follows Sharia law and WASTA on whim.
This is a poor business decision for anyone from the WEST.
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About Time
Posted by John Doe at 13:22 UAE time
There's nothing wrong with the detecting system my friend, this was bound to happen and it will go on happening because of the filthy greedy investors and real estate developers!
It's only a matter of time until further reports like this are published, it's a surprise that the Dubai Govt is being so transparent in their corruption charges and reports!
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Attn. ArabianBusiness.Com
Posted by aaqib at 13:08 UAE time
....... 'and this week sub-developer Schon Properties announced full refunds for some investors in the 3 billion-dirham ($816.7 million) project' ........
I've been noticing the incompetence of your reporters very often .
Regarding the above line ,Schon Properties have no link to THE LAGOONS Project by Sama Dubai but they are the developers of DUBAI LAGOONS Project which is also a mess .
Just by similar names ,don't mix them as one to create false panic !!!! Doesn't the editor verify & check the reports before publishing it on this site .Then how come mistakes continuously occur ????
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Kudos to Arabian Business
Posted by M Reader at 13:02 UAE time
I haven't read Arabian Business for a while, but have spent most of today reading through it all. I'm amazed that a Dubai-based publication is finally covering real stories, reporting real news and exposing some of the darker elements in the UAE. Absolutely fantastic. Keep up the good work!
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what a shame
Posted by Awadh Al Hajri at 05:06 UAE time
is this for real?
this is not transparency!!
who else is not involved in one of these frauds?
every day a new case appears, i think there is something wrong with the detecting system.




