Home General News Al Boom case goes to Dubai court
 
Al Boom case goes to Dubai court PDF Print E-mail
Wednesday, 05 August 2009 19:27

Dubai: The Dubai public prosecution has referred Abid Al Boom, owner of Abid Al Boom Management and Development Properties, and his partners to the Dubai court of misdemeanour on charges of breach of trust, issuing a bad cheque and embezzlement.

Al Boom is also charged with swindling investors in the real estate sector of more than Dh900 million.

There are more than 3,700 claimants involved in the case, according to a Dubai Public Prosecution statement issued yesterday.

His partners were charged with criminal complicity in breach of trust, according to Yousuf Mohammad Foulaz, Head of the First Public Prosecution in Deira.

 

 

Gulfnews: Al Boom case goes to Dubai court

 
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