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Thu 21 Apr 2011 11:40 AM

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Five acquitted in Nakheel AED22m bribe case

Main suspect, Samir Chinoy, committed suicide in July; bribery case was dismissed on appeal

Five acquitted in Nakheel AED22m bribe case
Former Nakheel employee Samir Chinoy committed suicide in July after being released on bail over bribery charges

Ten months after former Nakheel employee Samir Chinoy committed
suicide, a Dubai court upheld the acquittal of his five co-defendants accused
of accepting AED22m in bribes.

Prosecutors had accused the suspects, which included Chinoy’s
father, RC, of bribery and damaging the interests of a government institution,
The National reported.

Chinoy, a former sales consultant with Dubai World, was
arrested in March 2009 on charges of accepting AED22m in bribes from four of the
suspects relating to plots at Dubai World projects.

Prosecutors claimed funds were channeled through RC’s bank
account.

Chinoy was also accused of causing losses of up to Dh11m to
the Nakheel property group.

All five of his co-defendants were acquitted in the Wednesday
hearing.

The 31-year-old Canadian jumped to his death from a 29 floor
balcony at the luxury Address Downtown hotel in Dubai in July 2010. Chinoy had
been released on bail four weeks earlier after posting an AED6m bond after more
than a year in detention.

The case against Chinoy was dismissed by Dubai Criminal
Court last November.

Peter Peter 8 years ago

Justice delayed is justice denied - and in this case with disastrous consequences.
The dismissal of a case (not acquittal) can only suggest that there was not enough of a case in the first place , or not enough evidence to justify a case. So why was the man in jail for one year?

Simon 8 years ago

If i'd have heard this same story but in he USA...I could guess why he jumped...and in fact...it has been proven why...time and time again through history.