Posted inBanking & FinanceBanking & Finance

Bin Sulaiman in financial crime probe – report

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

FORMER HEAD: Former DIFC boss Omar Bin Sulaiman. (ITP Images)
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).

Follow us on

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.