ID :
47320
Tue, 02/24/2009 - 12:48
Auther :
Shortlink :
https://oananews.org//node/47320
The shortlink copeid
Investigation in Al Deyaar Development case nears completion: Dubai Attorney General
Dubai, Feb. 24, 2009 (WAM) - Dubai Attorney General Essam Essa Al-Humaidan stressed Monday that the investigation in the case involving Al Deyaar Development is almost complete.
He added that there are new developments in the investigations. The Attorney General said that the investigation in the case against Zack Shaheen and others held in connection is "close to completion". He noted that the list of charges against them include forgery, embezzlement, fraud and could also involve money laundering as the investigation has unveiled new evidence to this effect.
Current investigations have led to new evidence of the alleged illegal transfer of embezzled funds to some banks in several countries including banks in Switzerland, Lebanon and the United States. The Attorney General said that these financial institutions are in the process of being contacted officially to provide the necessary information ahead of referring the case to the courts.
A report by the Dubai Financial Control Department last November includes information concerning Shaheen's alleged embezzlement of Dh31.5 million. It also noted that the total amount allegedly embezzled by Shaheen and his associates in this case exceed Dh98 million, according to the investigations to date.
Shaheen is still being held according to a court order pending his trial. The Attorney General explained that UAE laws allow the Prosecution to hold suspects for up to 21 days but the Prosecution also has the right to present details of the case to the courts to obtain a court order to hold suspects for a month that could be renewed according to the requirements of the investigation.
The Attorney reiterated that all procedures have adhered to the laws of the United Arab Emirates and international regulations governing charges filed against foreign nationals. He stressed that the accused receive regular visits from representative of their consulates, a right which the Attorney General said the accused will always retain. He also added that the lawyer for Shaheen has been closely following all the legal steps taken in this case and has also been regularly visiting his client.
He added that there are new developments in the investigations. The Attorney General said that the investigation in the case against Zack Shaheen and others held in connection is "close to completion". He noted that the list of charges against them include forgery, embezzlement, fraud and could also involve money laundering as the investigation has unveiled new evidence to this effect.
Current investigations have led to new evidence of the alleged illegal transfer of embezzled funds to some banks in several countries including banks in Switzerland, Lebanon and the United States. The Attorney General said that these financial institutions are in the process of being contacted officially to provide the necessary information ahead of referring the case to the courts.
A report by the Dubai Financial Control Department last November includes information concerning Shaheen's alleged embezzlement of Dh31.5 million. It also noted that the total amount allegedly embezzled by Shaheen and his associates in this case exceed Dh98 million, according to the investigations to date.
Shaheen is still being held according to a court order pending his trial. The Attorney General explained that UAE laws allow the Prosecution to hold suspects for up to 21 days but the Prosecution also has the right to present details of the case to the courts to obtain a court order to hold suspects for a month that could be renewed according to the requirements of the investigation.
The Attorney reiterated that all procedures have adhered to the laws of the United Arab Emirates and international regulations governing charges filed against foreign nationals. He stressed that the accused receive regular visits from representative of their consulates, a right which the Attorney General said the accused will always retain. He also added that the lawyer for Shaheen has been closely following all the legal steps taken in this case and has also been regularly visiting his client.
