Close Menu
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Facebook X (Twitter) Instagram Threads
Trending:
  • America Still Has the Upper Hand Over China
  • Techna forms JV with KL Post for RM4mil digital media project
  • Malaysia’s durian growers face oversupply squeeze even as exports to China hit record highs
  • 2nd anniversary of “Village T” fashion show marked in China’s Guizhou-Xinhua
  • Why Indonesia must rethink its role in the Indo-Pacific
  • Fred Tsui Named Executive Director of HKIFF Society
  • Dozens killed and 700,000 displaced in India amid floods after monsoon rain
  • Blackstone plans Dubai office as it eyes further Gulf expansion, sources say — TradingView News
  • Dubai launches €700 discount scheme for tourists invited by UAE residents
  • Xinhua Center Chongqing building design, China
  • Bangkok named world’s best workcation city for 2026
  • Upstart Secures OCC Conditional Approval to Launch AI-Pow… – FF News
  • Sanofi drops development of amlitelimab in atopic dermatitis | Biotechnology
  • Nova Iron & Steel promoters consolidate stake in ₹87 lakh restructuring – scanx.trade
  • Japan releases nearly 7,900 tons of nuclear wastewater in 21st ocean discharge
  • Hong Kong stock exchange relaxes listing rules to compete with US rivals – Financial Times
  • Dubai Invite: Dh3,000+ Visitor Rewards Draw 10,000 Applications in 48 Hours
  • London Day of Action in Solidarity with India’s Students and Youth — Hindus for Human Rights
Friday, July 24
Facebook X (Twitter) Instagram
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Simply Invest Asia
Home»Explore by countries»Dubai / UAE»Dubai employee ordered to pay Dh2.3 million for embezzling company funds
Dubai / UAE

Dubai employee ordered to pay Dh2.3 million for embezzling company funds

By IslaJune 8, 20262 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Civil compensation awarded

The company later filed a civil lawsuit seeking compensation for the losses it suffered as a result of the embezzlement.

In its ruling, the court held that the criminal conviction had conclusively established the employee’s liability and that the company had sustained direct financial losses through the unlawful appropriation of its funds.

The court also took into account the wider impact of the offence, including the company’s inability to use and invest the missing funds, damage to its business interests and reputation, and expenses incurred in pursuing both the criminal and civil proceedings.

Based on these findings, the court awarded the company Dh2.3 million in compensation for material and moral damages, together with 5 per cent annual interest until full payment is made, in addition to court costs and legal expenses.

Aghaddir Ali

Aghaddir is a senior news reporter at Gulf News with more than a decade of experience covering the UAE’s most pressing developments. Known for her sharp eye for detail and deep expertise in the country’s legal and security systems, Aghaddir delivers journalism that clarifies complex issues and informs public discourse.

While based in Sharjah, she also covers Dubai and the northern emirates. She leads daily reporting with a strong focus on breaking news, law enforcement, courts, crime, and legislation. Her work also spans education, public safety, environmental issues, and compelling community and adventure features.

Aghaddir’s investigative stories engage readers in meaningful conversations about the nation’s evolving challenges and opportunities. Her interests include public policy, judicial affairs, social issues, healthcare, and governance, and her body of work reflects a commitment to accurate, impactful, and socially relevant journalism. She has established herself as a reliable and trusted voice in the region’s media.



Source link

Related Posts

Dubai launches €700 discount scheme for tourists invited by UAE residents

July 24, 2026

Dubai Invite: Dh3,000+ Visitor Rewards Draw 10,000 Applications in 48 Hours

July 24, 2026

Dangote picks London over Dubai for cement unit’s secondary listing – Businessday NG

July 24, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

China Scraps 12,000 Degrees in Biggest Academic Overhaul in Years

June 14, 2026

Chinese Wall may stem India tech flows for electronics and automobile

June 1, 2026

Abandoned malls, whispers of nuclear war and young foreigners detained. This is what’s REALLY going on in Dubai… and the chilling warning one taxi driver gave to the Mail’s IAN BIRRELL

April 11, 2026
Don't Miss

America Still Has the Upper Hand Over China

By IslaJuly 24, 2026

By most accounts, China has the upper hand in its growing economic confrontation with the…

Techna forms JV with KL Post for RM4mil digital media project

July 24, 2026

Malaysia’s durian growers face oversupply squeeze even as exports to China hit record highs

July 24, 2026

2nd anniversary of “Village T” fashion show marked in China’s Guizhou-Xinhua

July 24, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Top Trending

Sanofi drops development of amlitelimab in atopic dermatitis | Biotechnology

By IslaJuly 24, 2026

Nova Iron & Steel promoters consolidate stake in ₹87 lakh restructuring – scanx.trade

By IslaJuly 24, 2026

Japan releases nearly 7,900 tons of nuclear wastewater in 21st ocean discharge

By IslaJuly 24, 2026
Most Popular

All Gamers vs. JD Gaming Odds & Predictions (Apr. 9, 2026) – polymarket.com

April 9, 2026

Andi Arya Dwi Putra promoted to Head of TuneCore, Indonesia

July 15, 2026

Hong Kong shares open lower, Baidu jumps 5pc

June 30, 2026
Our Picks

AFL Q1 Deep Dive: Missed Expectations as Japan Sales Offset by Premium Pressure

May 2, 2026

S&P flags risk of frontier market downgrade for Indonesia

July 10, 2026

Kuala Lumpur to host 6th Hospitality Malaysia Conference next week

June 17, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

© 2026 Simply Invest Asia.
  • Get In Touch
  • Cookie Policy
  • Privacy policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first.

Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.