Dubai Criminal Court has sentenced three Pakistani men to six months in jail for kidnapping and torturing a fellow countryman over a Dh500 unpaid debt.
The court issued the guilty verdict on September 6, giving the men 15 days in which to launch any appeal.
The men, who admitted to the crime in court, will be deported after finishing their jail term.
The incident happened in January in Al Rigga. The victim said the men first beat him and then took him to a building in the area and locked him inside a flat.
“They took my phone and kept me inside the flat for 15 hours," he said, court records showed.
"They threatened to harm my family in Pakistan to force me to pay back the money.
"But when they were busy in the second room, I got my phone and asked Dubai Police for help via their Instagram account. I also gave them my location and the flat number."
A policeman said he was patrolling the area on the day of the incident. He received an emergency call from the force to go and check a nearby flat.
“I knocked on the door and one of the defendants opened the door," said the policeman, as per official records. "I saw the victim crying and he told me that he was kidnapped by the people living in the flat.
“The defendants admitted to locking the victim inside the flat to force him to return the money. One of them claimed of paying money to pay for a visit visa for his brother.”
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UAE currency: the story behind the money in your pockets
The currency conundrum
Russ Mould, investment director at online trading platform AJ Bell, says almost every major currency has challenges right now. “The US has a huge budget deficit, the euro faces political friction and poor growth, sterling is bogged down by Brexit, China’s renminbi is hit by debt fears while slowing Chinese growth is hurting commodity exporters like Australia and Canada.”
Most countries now actively want a weak currency to make their exports more competitive. “China seems happy to let the renminbi drift lower, the Swiss are still running quantitative easing at full tilt and central bankers everywhere are actively talking down their currencies or offering only limited support," says Mr Mould.
This is a race to the bottom, and everybody wants to be a winner.
Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
