Nephew jailed for stealing Dh10m in shares from aunt



A Omani man who stole more than Dh10m in shares from his aunt has been sentenced to three years in prison.

The defendant, 37, along with a female accomplice who remains at large, forged the victim’s signature to transfer ownership of the stock before selling it on.

Two other men, a Jordanian, 36, and an Emirati, 67, were cleared of altering official documents related to the stock.

The aunt, a 72-year-old widow, had been given the shares following her husband’s death.

“Before he died he registered them under my name and had his nephew, the 67-year-old accused, handle them,” she told Dubai Criminal Court.

“My husband’s nephew came to my place and asked me for my official identification documents. I gave them to him.

“Following that, I came to know that the stocks were sold. I don't know any more details.”

The defendant was jailed and ordered to be deported after completing his sentence.

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In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

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TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

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