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Wed 24 Mar 2010 12:21 PM

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Bin Sulaiman in financial crime probe - report

Former DIFC boss arrested by state security over alleged financial crime.

Bin Sulaiman in financial crime probe - report
FORMER HEAD: Former DIFC boss Omar Bin Sulaiman. (ITP Images)

It has been reported that Omar Bin Sulaiman, the former governor of the Dubai International Financial Centre, is being questioned by state security as part of an investigation into alleged financial crime.

The Zawya Dow Jones newswire quoted sources familiar with the situation as saying that no charges have yet been laid against Bin Sulaiman. Nor has the investigation yet been referred to prosecutors.

The DIFC and public prosecution officials refused to comment, the newswire said.

Bin Sulaiman was replaced at the DIFC by Ahmed Humaid Al Tayer in November last year.

Earlier on Wednesday, Dubai daily Gulf News reported that a former DIFC official with initials O.S. was being held by authorities for alleged involvement with "financial irregularities" amounting to around AED50m ($13.6m).

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Jon DXB 10 years ago

Whilst it's shocking that this situation has developed in the first instance, it is comforting to see that Dubai's rulers are prepared to tackle corruption openly and that nobody is immune from investigation and punishment.

C 10 years ago

Even relevant comments and questions to other posts are censored or not posted by AB. I am sure this comment wont be posted as well. How can AB call it self a business news when It is nothing but a biased tabloid?

Zarmeen Sipra 10 years ago

Allah is the one watching all, and he will show the path to justice as the truth is revealed to the world.