Nakheel worker embezzled Dh77,000, Dubai court hears



DUBAI // A customer service officer at Dubai World's Nakheel was charged this morning with embezzling more than Dh77,000 from customer insurance fees.

The 31-year-old Filipina defendant, KA, denied the charges when she appeared before the Dubai Criminal Court of First Instance this morning, saying she followed the company's regular procedures and deposited the money into an account.

According to court records, KA had been embezzling the fees since 2008. NM, the human resources manager at Nakheel, said the company became suspicious of KA in late 2009 and audited the receipts at the accounting department.

Prosecutors said Dh77,464 was discovered missing.

When she was confronted with the findings, NM said, KA admitted to spending the money and took full responsibility. She also signed an writ to return the embezzled amounts.

She added that KA was given a grace period to return the money but failed to do so and asked that the amounts be deducted from her end of service bonus instead. Because her bonus would not cover the amount, the company informed the police, records show.

The court will reconvene on April 5 to hear witness testimony.

salamir@thenational.ae

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Email sent to Uber team from chief executive Dara Khosrowshahi

From: Dara

To: Team@

Date: March 25, 2019 at 11:45pm PT

Subj: Accelerating in the Middle East

Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.

Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.

I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.

This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.

It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.

Uber on,

Dara


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