Arabian Post Staff -Dubai
Dubai’s Court of Appeal has ordered Khaldoun Saeed Al Tabari, the former CEO of Drake & Scull International (DSI), along with a former employee, to pay $41 million in damages. This ruling follows accusations of financial mismanagement and fraud during Al Tabari’s tenure at DSI. The allegations include the misappropriation of funds and unauthorized payments. Al Tabari left the UAE in 2018 but was later arrested in Jordan in 2020. The court’s decision aims to compensate for the significant financial losses incurred by DSI.
