Nakheel Waterfront graft case back to square one after more than four years of proceedings

A court has referred Nakheel?s Dubai Waterfront graft case involving two executives, who caused deliberate loss of Dh44 million, to prosecutors to probe uninvestigated incidents after nearly three years of proceedings. The Dubai Court of First Instance on Sunday decided to refer the case file back to the Public Funds Prosecution after it was discovered that several dealings were conducted by the two Australian executives and remained uninvestigated.

Presiding Judge Mohammad Jamal reached Sunday?s surprising decision following more than three years of court proceedings and nearly one year of prosecution investigations.

The Australian suspects, 43-year-old M.J., the project?s former executive director, and 40-year-old M.R., the ex-operations manager, strongly refuted the charges of abusing public office and intentionally causing loss and dispersing public funds [Nakheel?s money] worth Dh44.1 million.

via gulfnews : Nakheel Waterfront graft case back to square one after more than four years of proceedings.

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