Banker charged with embezzling more than Dh1 million
The case of missing deposits worth over Dh1 million in total has been solved. On Wednesday, a banker was charged with embezzlement in a Dubai court. The 39-year-old Jordanian banker with Dubai Islamic Bank is said to have embezzled funds by squirrelling away payments from customers who had completed their bank loans via a loan recovery agency. The criminal acts took place during the period between 2009 and 2011 when the banker was working at Dubai Islamic Bank.