| 
 Mobile Version
  |
 Jobs
Emirates Business24|7
Site last updated at
9:54 PM
The Numbers
Dirham | Pound
5.74
(1.54%)
Dirham | Euro
5.03
(1.37%)
Dubai Index
1660.97
(0.86%)
World News : Left Right
Send To Friend
Your Name  
Your Email   
 
Friend Name
Friend Email   
 
Message
Testimonies heard in Tamweel case 
Testimonies heard in Tamweel case. (EB FILE)
By
 
Mohammed Elsidafy  on 11/23/2009 

The court hearing a Dh46 million corruption case involving former executives at mortgage lender Tamweel yesterday considered testimony from Yasser Abdullah Ameri, Director-General of the Audit Department at the Dubai Ruler's Office.

Ameri said he did not compile an accountancy report that had been referred to during the case. His job as head of the department was to follow up the auditing of companies in which Dubai Government had a share of 25 per cent or more. He assigned accountants to compile audit reports related to such companies.

Dubai Criminal Court also heard the testimony of Mohammed Hassan Al Marzouqi, an expert at the department. He said his role was to draw up plans to follow up the auditing of companies belonging to Dubai Government and distribute assignments among the department's experts so that each compiled reports on certain companies.

The defendants are Emirati AS, 38, a former CEO of Tamweel, Jordanian FK, 28,, Jordanian AA, 33, chairman of the board of Bonyan, Emirati AH, 44, a former manager at Tamweel, and Emirati SA, 40, former executive director at Tamweel. 

 

Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.

 


 del.icio.usnewsvineFaceBookTailrankGoogle BookmarksDiggredditStumbleUpon
Comments 
Post a Comment
 
 
Comments are subject to editing and are only published after approval.
You will be sent an email when your submission has been posted online.
Please read the website Terms & Conditions.
M&A of securities brokerage firms part of consolidation
Al Ramz Securities buys National Financial Brokerage in wake of tight market conditions.
Dubai draws up policies for judicious use of utilities
Dewa annual plan will ask bulk customers to carry out energy audits.
Drop in Eibor yet to benefit consumers
Banks in the UAE have yet to pass on Eibor rate reduction in their cost of funding, say experts.
Loading
11232009_f0317099-22aa-4e17-97c2-78e15c16f1b1 
Feb.09US labor market hopes rise
Feb.09Stock traders co-exist with computers
Feb.09Toyota stops production of two models
11,700 commercial licences were issued in Dubai in 2009 – Business Breakfast, February 9
..............................................
Rhodes talks gold and silver – Business Breakfast, February 9
..............................................
The economic ramifications of Dubai's new oil field – Business Breakfast, February 9
..............................................
Graham has been a journalist for over 20 years and writes on residential property for newspapers, magazines, websites and blogs in the UK and across the world. He particularly enjoys writing about property markets and has 10 years experience of
The wealthiest Chinese are now out in force, and have become a major player in upscale property transactions.
Holding an Olympics produces neither a real estate price boom nor a bust for a host city.
Allan Dowd and Nicole Mordant
David Robertson is the business correspondent of The Times of London. He covers strategic industries including defence, aerospace, aviation and natural resources. He is a former investigative news reporter with the Sunday Times in London and has
The battering Toyota has received must encourage executives to think carefully about how to handle a crisis in their own organisation.
Loading
Loading
Loading