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Ex-Emirati Chairman, Expat CEO Sentenced to 15 and 10 Years in Jail Respectively

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A former chairman of a public department in Abu Dhabi and the former Chief Executive Officer of the same entity have been jointly ordered to pay 300 million euros in fines and refunds for embezzling public funds.

Officials said the shares were sold out to the government department at exaggerated prices amounting to 210 million euros.





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