EIGHT foreigners were jailed for stealing BD350,000 from the company they worked for, the Capital Governorate chief prosecutor Nawaf Al Awadi announced yesterday.
The defendants illegally transferred the money overseas after withdrawing it from their employer’s accounts.
The Lower Criminal Court sentenced one defendant to six years in prison and seven others to a year in prison. A ninth defendant was found innocent.
“The eight employees misappropriated funds from the financing firm they worked for, which amounted to a total of BD350,000,” said a statement by the Public Prosecution.
“A report was received by Public Prosecution from the Anti-Corruption and Economic and Electronic Security General Directorate about the detection of a high volume of bogus transfer of funds overseas.
“These transactions took place under the names of individuals who were not present to authorise them.
“The amounts were withdrawn from the firm’s accounts, and did not undergo financial auditing in an attempt to hide the embezzlement.”
&uuid=(email))