Three bankers who were accused of accepting US$10 million in bribes from a man for altering documents attributed to their bank have been found not guilty.
The men - two Pakistanis aged 26 and 33, and a 35-year-old Filipino - worked for HSBC and between June and November 2015 they were accused of forging a number of documents for bribes.
However, the court acquitted them of charges of accepting bribes, forging documents and using the forgeries to accept loan applications. A Nigerian man, who remains at large, was also acquitted from aiding and abetting by offering the bribes.
Prosecutors said the three men admitted to the crime during investigations but they pleaded not guilty at Dubai Criminal Court and were released.
It was not mentioned whether any of the alleged loan applications were approved, processed and paid.
