The Dubai Public Prosecution office referred him and another accused to the “criminal cases” for trial

A financial manager for a government company creates fictitious profits to increase his bonuses

Prosecution investigations revealed the involvement of another director in the crime

Photography: Patrick Castillo

A financial manager in a government company in Dubai (an Asian) fabricated fake profits for the company, in order to raise his annual bonuses, and forged financial data, to consolidate his crime, and seized an amount of 86,625 dirhams, and he was assisted by a (Arab) manager in the same company, and the Dubai Public Prosecution referred them to Criminal court on charges of committing a felony, seizing money belonging to a public institution, forgery of an official electronic document, its use, and other charges.

The Public Prosecution investigations stated that the first accused (a financial manager in a government company) is responsible for overseeing financial matters and preparing monthly and annual budget reports to indicate whether the company achieved profits or not, through revenues and sales, and then submits these final reports to the Board Management on a monthly and annual basis, according to which he receives an annual bonus (bonus).

The investigations revealed that there is no authority for any other person in the company, after the financial manager, to audit these reports except for external auditors: one is appointed by the company, and the other is appointed by a higher authority, which takes samples of the reports for verification.

The investigations added that the accused exploited his job and seized an annual reward of 86,625 dirhams, by manipulating the financial position of the company, and falsifying facts, claiming that the annual profits amounted to 11 million and 59 thousand dirhams, contrary to the truth, which asserts that the profits did not exceed seven million and 463 thousand Dirhams.

Investigations revealed that the second defendant, who is a project manager in the same company, facilitated the crimes committed by the first accused, through messages exchanged between them via e-mail, regarding the projects that the company accomplished to prepare monthly and annual financial reports contrary to the truth, and containing misleading and forged data.

• Investigations found exchanged messages between the accused, via e-mail.

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