close

policy

We would like to invite you to continue a survey you have started. ...

Do you trust your insurer ?

Strongly agree
Agree
Disagree
Strongly disagree
Insurance provides peace of mind
Insurance is purchased only when compulsory
Terms and Conditions (small print) are clear and easily accessible
Insurance jargon (language) stands in the way of fully understanding each policy
Insurance companies try their best to uphold the details of the policy without cutting corners
Reducing risk, cutting costs and profits are more important to an insurance company than the customer
Insurance companies in the region are as professional as in other more developed markets
Gender
Age group
Do you feel your insurance provider works in your interest?
Have you had a rejected claim that you feel was not justified?
Do you trust your insurance provider?
Our Network

Register for our free newsletter

 
 
Latest News

Former Dubai Islamic Bank boss sentenced to three years in prison

SA, also formerly a board member with the developer Deyaar, is fined more than $27.2 million.

1

March 15, 2010 11:45 by



The former chief executive of Dubai Islamic Bank has been sentenced to three years in prison and fined more than $27.2 million for accepting a bribe and unlawful commissions, according to a report by The National.

‘SA’, an Emirati who served as DIB’s chief executive officer and is also a former board member with the developer Deyaar, was ordered to pay AED100,000 in civil compensation.

The Criminal Court of First Instance convicted the 40-year-old of accepting a AED11.75 million bribe to facilitate a property sale and collecting unlawful commissions worth AED16 million on the sale, according to the newspaper.

MORE DUBAI CORRUPTION STORIES

Five high-profile arrests in the UAE

Lawyers for jailed ex-Nakheel employees claim lack of detail in fraud charge

Deyaar in hot water

Why perception of corruption in the UAE is declining

Fraud in Dubai

British manager at Istithmar World given five year jail sentence

I-mate crippled by internal fraud



1

Tags: , , , ,

1 Comment

  1. Andrew on March 16, 2010 12:03 pm

    How amusing that they name the person when arresting them, but still insist on initials now they’re convicted.

     

Leave a Comment