Trio who stole Dh2m worth of cables to see out jail terms



Three men who stole Dh2 million worth of electrical cables will see out their jail terms after losing an appeal for a reduced sentence.

On October 2, Dubai Police were called to a warehouse in Jebel Ali from where the cables were stolen. During a sweep of the crime scene, police found a water bottle that, when tested for DNA, led them to one of the three accused.

Prosecutors said the Pakistani man, 28, had been deported from the UAE but illegally re-entered the country and carried out several thefts.

Police tracked him down and arrested him. During questioning he admitted to using a bolt cutter to enter the warehouse and steal the cables with a Pakistani accomplice.
The accused also told police about a third accomplice, a 30-year-old Bangladeshi man, with whom they stashed the stolen cables before selling them to a scrap shop in Sharjah's Industrial area.
At Dubai Criminal Court in January, the two Pakistani men were charged with theft and damaging property while the third Bangladeshi accused was charged with possessing stolen items. They each denied the charges in court but were convicted of their crimes.

The following month, the Pakistani pair were sentenced to two years in prison each while the Bangladeshi accused was sentenced to one year in jail.
At Dubai Court of Appeal on Sunday, each of the men lost their bids for a reduced sentence and will be deported upon serving their jail terms.

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Real estate tokenisation project

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

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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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

 

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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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How she spends spare time: Playing with cats at the clinic and feeding them

Inspiration: My father. He’s a hard working man who has been through a lot to provide us with everything we need

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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

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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