26 C
Dubai
Saturday, January 11, 2025
spot_img

Abu Dhabi: Man ordered to return more than Dh3m he embezzled from employer – News

[ad_1]

He issued a power of attorney allowing another employee to withdraw the money, according to court records



file photo

file photo

published: Tuesday, January 24, 2023 at 1:58 pm

Last updated: Tuesday, January 24, 2023 at 2:21 pm

An Abu Dhabi employee has been ordered to return Dh3.04 million he embezzled from the company he used to work for.

The Abu Dhabi Family and Civil Administrative Cases Court also directed the man to pay his employer Dh100,000 as compensation for the moral and material damage he caused.

In his lawsuit, the company owner said the employee was an attorney authorized to issue powers of attorney. According to court records, he later found out that the accused had released documents for another employee and together they had withdrawn Dh3.044 million from the company’s bank account.

The attorney has denied the allegations and asked that the case against him be dismissed because he was not involved in withdrawing funds or signing checks because he does not have any check books for the company.

He said he could not have been charged with the crimes committed by the second defendant, who was an employee of the complaining company.

Also read:

The Abu Dhabi Criminal Court earlier acquitted the first accused and convicted the employee (the second accused) of breach of trust and embezzlement.

The employer then filed a civil lawsuit against the employee, requiring him to return the embezzled funds and compensate him for his moral and material losses.

Despite being subpoenaed multiple times, the employee did not appear in court to defend himself.

The civil court judge decided to issue a ruling ordering him to pay the Dh3.044 million he embezzled from his employer. He was also told to pay Dh100,000 to the company as damages.

Also read:

[ad_2]

Source link

Related Articles

Prof. Debashis Chakraborty Advancing Biopolymer Research for India’s Self Reliant Future

In the dynamic environment of IIT Madras, where academic innovation thrives, Prof. Debashis Chakraborty is a shining example of dedication to impactful research. With...

Journey of Bhawana Bhatnagar and Casa Exotique

Bhawana Bhatnagar, the founder of Casa Exotique, stands as a visionary force in the luxury interior design industry. As the founder, Bhawana has redefined...

Revolutionizing Packaging with Sustainability: The Story of Riti Singhvee and GAP Packaging

In a world increasingly mindful of its environmental impact, Riti Singhvee stands out as a trailblazer. As the founder of Green Analysis and Packaging...

Visionary Leadership, Global Impact The Inspiring Journey of Siddharth Aryan Patro and Rekniq Consultants LLP

When Siddharth Aryan Patro set out to redefine entrepreneurship, he envisioned a world where economic growth and inclusivity went hand in hand. As the...

Empowering Mobility, Globally The Story of Chopra Retec Rubber Products Ltd.

In the heart of Lucknow, where the past meets the future, stands a beacon of entrepreneurial success: Chopra Retec Rubber Products Ltd.. Founded by...

Latest Articles