Deyaar embezzlement probe widens

United Arab Emirates: Tuesday, April 29 - 2008 at 13:32

A Dubai court has extended the detention of Deyaar Development former CEI Zack Shahin by 30 days in an embezzlement case, reported Bloomberg. Dubai Public Prosecution said yesterday it is investigating alleged 'financial violations' at Deyaar and will decide on charges after gathering more evidence. Three additional Deyaar officials have been detained in the probe, including Ganesan Krishna Kumar, an Indian director of a local advertising company, according to press reports.

Jeff  Florian Jeff Florian, Senior Reporter
Tuesday, April 29 - 2008 at 13:32 UAE local time (GMT+4)

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