In Dubai, the Public Prosecution referred employees: the first is an (Arab) banker, and the second was a Gulf national, to the criminal court, on charges of seizing more than two million dirhams from a bank using a forged debt certificate attributed to another bank, in collusion with an unknown employee of the second bank.
Investigations of the Public Prosecution revealed that the defendants requested a request from another unknown suspect to manufacture a debt certificate, amounting to four million dirhams, attributed to an Islamic bank. Based on this false testimony, the first accused, a sales executive at the victim’s bank, submitted a request in the name of the second defendant to purchase his debt with the bank Al-Islami, completed the required procedures, and was able to defraud the bank.
The Director of the Anti-Fraud Department at the bank said, in the Public Prosecution investigations, that the first accused who works as a sales employee, presented a debt certificate to one of the clients (Khaleeji), at an estimated value of four million dirhams, and after completing the procedures the bank issued a check with the amount in favor of the creditor bank, but discovered The victim's bank later stated that the actual debt amount is much lower than that included in the debt certificate.
He added that the bank opened an investigation into the incident, and it turned out that the first defendant is a friend of the second defendant, who is a customer of the bank, pointing out that the last one was owed at an amount of one million and 444 thousand dirhams to the Islamic bank, but the two defendants tampered with the debt certificate with the help of a third unknown defendant working in the creditor bank. He reports that he owes four million dirhams, until the money is transferred to the bank to take over the difference.
For his part, a witness from the creditor bank said that the debt certificate attributed to the institution in which he works is forged, and the bank issued only a debt certificate of the real amount, directed to another bank completely, and not the bank that was the victim, but that certificate was tampered, and the amount was transferred to about four Millions of dirhams.
He added that the bank later learned that the debt had been paid by check presented by the victim's bank employee (the first accused) in the case, and he was accompanied by the second accused, noting that the latter withdrew the difference, which is estimated at two million and 121 thousand dirhams in installments.