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The Dubai Islamic Bank (DIB) fraud case was a case originally brought in 2008 that involved the alleged embezzlement of 1.8 billion Dirhams (approximately US$501 million or £330 million) by a group of six (originally seven) bank executives and expat businessmen over the period 2004-2007.

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dbo:abstract
  • The Dubai Islamic Bank (DIB) fraud case was a case originally brought in 2008 that involved the alleged embezzlement of 1.8 billion Dirhams (approximately US$501 million or £330 million) by a group of six (originally seven) bank executives and expat businessmen over the period 2004-2007. The case was the largest alleged fraud case in the history of Dubai, and the ten-year jail sentences passed on the alleged perpetrators of the scheme were also the longest that Dubai authorities have ever passed in a fraud case. As of 2018, four of the alleged perpetrators remain in jail after having their sentences extended by another 20 years. (en)
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  • 1008141294 (xsd:integer)
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dbp:cause
dbp:charges
  • Fraud (en)
  • (en)
dbp:convictions
  • 9.46728E8
dbp:date
  • 2004 (xsd:integer)
dbp:outcome
  • Embezzlement of US$501 million (en)
dbp:place
  • Dubai, UAE (en)
dbp:title
  • Dubai Islamic Bank fraud case (en)
dbp:verdict
  • Guilty (en)
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dcterms:subject
rdfs:comment
  • The Dubai Islamic Bank (DIB) fraud case was a case originally brought in 2008 that involved the alleged embezzlement of 1.8 billion Dirhams (approximately US$501 million or £330 million) by a group of six (originally seven) bank executives and expat businessmen over the period 2004-2007. (en)
rdfs:label
  • Dubai Islamic Bank fraud case (en)
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