Principal cleared on appeal of embezzling Dh100m



ABU DHABI // A school principal and her staff have been cleared on appeal of embezzling Dh100 million by using a fake stamp to double teachers' salaries.

But a Palestinian notary public, KHA, was given a three-month suspended sentence for falsifying documents.

YI, the Lebanese principal of Al Worood School, was accused of having signed documents that required the school's owner to be present when he was not.

She argued the owner gave her power of attorney in 2003. If she had wanted to use it for nefarious purposes, YI said, "why wait until now?"

She claimed the case arose from a grudge held by the owner's wife, because she was running the school while the owner was receiving medical treatment in Germany.

And she said there were other parties against whom a stronger claim could have been made. "They were picking who to sue," YI said.

She denied doubling teachers' salaries. "I made about Dh20m in annual profits for the school after I took over. Why would I need to forge documents?" YI asked.

"How would I have benefited from forging labour documents? I could have used the power of attorney to withdraw large amounts of money and leave."

YI and the other charged employees - JQ, a Palestinian Arabic teacher; AM, a physics teacher; and TH, an Egyptian school administrator - lost their jobs and were free on bail.

KHA was convicted of notarising the documents despite knowing they were signed under false pretences.

He admitted he had stamped the documents without examining them carefully because he was busy training people.

"I always tell my trainees that such documents are silly. Excuse me for using that word, but they are really insignificant," KHA told the appeal court judges.

"So when they handed me those documents, I stamped them without careful examination."

All five had been convicted of forgery by the Abu Dhabi Criminal Court of First Instance last February and given three-month suspended jail terms.

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Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

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At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

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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”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

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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Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
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Sector: Water technology 
 
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