Two senior bank managers found guilty of stealing $6.67 million (AED25 million) from a customer have been sentenced to 7 years in jail.
Gulf News reports that a Lebanese woman and an American man, with the help of a Pakistani driver, used forged documents to steal the money from an Iranian investor’s accounts between October 2012 and March 2013.
Seven Indians, two Pakistanis and a Lebanese were also charged with aiding and abetting the crime, two of whom received seven-year jail terms, while the others were sentenced to six months each.
Court documents showed that the Lebanese manager, who was in charge of servicing the Iranian’s three corporate accounts, provided account details so the other two defendants were able to forge documents to transfer funds to another account. An agreement between the Iranian and another business entity was drawn up in order to facilitate the transfer of funds.
The judge said the defendants will be deported following completion of their jail terms.
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