A Emirati lawyer has appeared in a Dubai court to deny charges that he stole tens of millions of dollars from former Thai prime minister Thaksin Shinawatra.
The lawyer, Khaled al-Muhairy, 45, a partner at a Dubai firm, is charged with breach of trust, attempted fraud and forgery charges. He pleaded not guilty,
Prosecutors told the court Thursday that al-Muhairy took money from an escrow account his firm had been hired to manage in 2009.
The attorney is accused of taking $129m; $97m of that from Thaksin's sale of the Manchester City football club. He also stole millions to buy a villa and tried to steal millions more for a plane.
Thaksin was ousted in a 2006 coup and has often used Dubai as a base while in exile.For all the latest business news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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