A former driver for a general trading company in Dubai has been accused of embezzling a significant amount of money over a period of more than two years. The 34-year-old Indian national has been found guilty and has been sentenced to one month in prison followed by deportation. He has also been fined an amount equivalent to the money he embezzled. The crime took place from 2017 to December 2019 within the jurisdiction of Al Muraqqabat Police Station. The accused, who was responsible for delivering goods to clients and collecting payments, is said to have embezzled a total of Dh114,966. He manipulated the company’s accounting records by failing to record payments collected from clients and instead pocketing the money.
According to witnesses in court, the defendant maintained records in a three-copy ledger but failed to document transactions correctly in the company’s accounting system. The incident came to light in early 2020 when a replacement driver discovered discrepancies in payments from clients. When confronted, several clients confirmed they had paid the defendant, producing receipts as proof. Initially, the accused admitted to embezzling only Dh52,575 and signed a confession promising to repay the amount within 90 days. However, further audits revealed that the total embezzled sum was higher, leading to his conviction and sentencing.
The court was convinced of the man’s guilt based on evidence presented, including a comprehensive accounting report and testimonies from key witnesses. A fellow worker testified that the defendant had been responsible for delivering various products to clients and collecting payments, but failed to record transactions accurately. The incident was only discovered after the defendant took annual leave, and discrepancies in payment records were noticed by a replacement driver. The defendant had manipulated the company’s accounting system to embezzle the funds over the course of two years.
The accused has been sentenced to one month in prison, deportation, and fined an amount equivalent to the embezzled sum. This case serves as a reminder of the consequences of financial crimes such as embezzlement and the importance of maintaining accurate accounting records in businesses. It also highlights the role of audits and investigative procedures in uncovering fraudulent activities that can affect a company’s financial stability. Stay informed with the latest news and legal proceedings to protect your business from potential financial risks and fraudulent activities. Remember to follow ethical business practices and maintain transparency in financial transactions to avoid legal consequences.
