Browse
related articles
Tamweel removes former CEO
- United Arab Emirates: Tuesday, September 16 - 2008 at 07:45
Dubai mortgage lender Tamweel has removed former CEO Adel Al Shirawi, who has been detained by Dubai police as part of a corruption probe, from its board of directors, reported Reuters. The move comes a day after Istithmar World suspended Shirawi as its vice-chairman and removed him as a board director 'in light of ongoing investigations'. Istithmar World, a unit of state-owned Dubai World, said in August that Shirawi and its CFO Feras Kalthoum were being investigated for alleged wrongdoing while in their previous positions at Tamweel. Istithmar World is the largest shareholder in Tamweel, with a 21.6% stake.
Related Content
Article Options
Jeff Florian, Senior ReporterTuesday, September 16 - 2008 at 07:45 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
