Dubai’s Cassation Court has overturned a massive Dh150-million fine connected to the Abu Sabah money laundering case. Despite this cancellation, the court has upheld the original five-year jail sentence for the accused individual. Additionally, the court confirmed a separate fine of Dh500,000, mandated the confiscation of illicit proceeds, and ordered deportation after the jail term is served.
This case is considered one of the largest money laundering incidents recorded in Dubai, reflecting the emirate’s rigorous approach toward combating financial crimes. The ruling demonstrates a balance between imposing strict penalties and ensuring justice is served.
Key Points of the Ruling
- Cancellation of the Dh150-million fine.
- Upholding of the five-year jail sentence.
- Confirmation of a Dh500,000 fine.
- Confiscation of illicitly obtained funds.
- Deportation of the convicted individual to follow imprisonment.
The decision underscores Dubai’s commitment to maintaining its reputation as a secure and transparent business hub, where financial crimes are met with stringent legal measures. Authorities emphasize that criminal activities will be tackled seriously and with full rigor.
As part of ongoing efforts to uphold the rule of law and justice in the region, Dubai’s judicial system continues to actively handle complex, high-profile financial crime cases with determination.
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