UAE court acquits Asian broker in Dh10.5m sugar fraud case
Ras Al Khaimah: A 51-year-old Asian man has been acquitted by a Ras Al Khaimah court of fraud charges linked to a Dh10.5 million scam involving a fake sugar shipment and a fictitious bank financing deal. The court ruled that there was insufficient evidence to prove he knew about the alleged fraud or deliberately helped carry it out. His lawyer successfully argued that he had acted only as a…
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