Former DIFC chief held in fraud probe
Omar bin Sulaiman, former governor of the Dubai International Financial Center, is being questioned by authorities over alleged $13.6 million financial crime.
March 24, 2010 10:43 by Ben Flanagan
Omar bin Sulaiman, former governor of the Dubai International Financial Centre, is being questioned by authorities as part of a probe into an alleged financial crime.
Bin Sulaiman has been detained by state security officials for the past week, according to an unnamed source quoted by Zawya Dow Jones.
Zawya Dow Jones quoted sources familiar with the situation as saying that no charges have yet been laid against Bin Sulaiman. The investigation has not yet been referred to prosecutors.
According to a report in Gulf News, a “high profile” former DIFC official, which the newspaper referred to only as an Emirati with the initials ‘OS’, is “being questioned for allegedly abusing his post as a public servant and committing financial irregularities amounting to about Dh50 million [$13.6 million]“.
Bin Sulaiman was removed from office in November last year, with no reason given for his departure at the time. He was replaced by Ahmed Humaid al-Tayer.