General Manager seizes the funds of the Staff Rewards Fund

The general manager of a semi-government company used his position and took a large sum of the funds of the end of service benefits of the employees of the company, estimated at seven million and 500 thousand dirhams, and used it to buy a villa and registered in his name without taking any legal action to prove the ownership of that villa to the company or invested in favor of a fund. The manager even gave himself more than unspecified rights, such as raising the education allowance granted by the company from 200 to 300 thousand dirhams, with direct instructions from him without complying with laws and procedures.

He continued to exploit his powers by allocating three vehicles belonging to the company, one of them with a driver, to his family and his personal transfers.

Investigations by the Public Prosecution in Dubai revealed that the accused director committed fraud in official documents to facilitate his previous crimes, including adding details of the purchase of the villa in the minutes of an official meeting of the Board of Directors without discussing this item or being approved, and claimed that he had obtained verbal approval from the President. Board of Directors after the meeting, an irrational measure.

In the investigation, the Director General acknowledged that there was a proposal to increase the loyalty of employees by investing funds of the End of Service Benefits Fund in the purchase of housing units instead of keeping them in the form of deposits in the bank. He pointed out that he took advantage of this and bought a villa in his name worth seven million and 583 thousand dirhams. , From the Fund's funds.

He further acknowledged that he had received an education allowance for three years of schooling, in amounts totaling more than the maximum education allowance prescribed by the company, without obtaining a written approval, justifying that he believed that the Board of Directors would not object to the increase of his education allowance, He did this without referring to the Council. He even paid himself a modified education allowance in advance to pay the school and receive a discount rate.

He pointed out that he was using one of the company's cars with a driver to bring his children to school, and he admitted to the delivery of one of the amount of 183 thousand dirhams cash checks from the company by administrative decision, without the existence of documents proving the reason for doing so.

A witness who works as a financial auditor said that the results of the examination and examination of documents and statements led to the existence of criminal financial violations committed by the accused manager, who used his position to seize the funds of the employees' end of service benefits fund, and claimed that he had obtained verbal approval from the Chairman of the Board of Directors. This is something the latter denied.

He also facilitated the seizure of 183,000 dirhams in favor of a second defendant in the case, an engineer working for another company who was paid a check by direct decision of the accused manager.

The witness pointed out that the internal audit process concluded that the manager took the amount of 269 thousand dirhams, education allowance difference, obtained illegally because of the assumption that the Board of Directors will not be disturbed if he knew that he had increased himself for the education allowance, as the results proved that he manipulated the minutes of the Board meeting The administration added an item to buy a villa that he registered in his name and not in the name of the fund or company.

Investigations revealed that he increased himself to the education allowance by a paragraph he added in an official editor, to raise the expenses to 300 thousand dirhams, since the date of the end of his predecessor's service in the same job he held.

The Public Prosecutor directed the first accused director, and the engineer from whom he illegally received money, to commit the crime of taking money belonging to a state company and deliberately damaging it, as well as forgery in official documents.