A Hobby Lobby store in Oklahoma City. Federal prosecutors say Hobby Lobby Stores has agreed to pay a US$3 million fine and forfeit thousands of ancient artefacts smuggled from Iraq. Sue Ogrocki : AP
A Hobby Lobby store in Oklahoma City. Federal prosecutors say Hobby Lobby Stores has agreed to pay a US$3 million fine and forfeit thousands of ancient artefacts smuggled from Iraq. Sue Ogrocki : AP
A Hobby Lobby store in Oklahoma City. Federal prosecutors say Hobby Lobby Stores has agreed to pay a US$3 million fine and forfeit thousands of ancient artefacts smuggled from Iraq. Sue Ogrocki : AP
A Hobby Lobby store in Oklahoma City. Federal prosecutors say Hobby Lobby Stores has agreed to pay a US$3 million fine and forfeit thousands of ancient artefacts smuggled from Iraq. Sue Ogrocki : AP

Iraqi artefacts lead to fine and forfeiture for US retailer


  • English
  • Arabic

Federal prosecutors say Hobby Lobby Stores has agreed to pay a US$3 million federal fine and forfeit thousands of ancient Iraqi artefacts that the government alleges were intentionally mislabelled.

Prosecutors filed a civil complaint in New York on Wednesday in which Oklahoma City-based Hobby Lobby consented to the fine and forfeiture of thousands of cuneiform tablets, bricks and other artefacts that prosecutors say were shipped without proper documentation.

Prosecutors say acquisition of the artefacts "was fraught with red flags" and that packages bore shipping labels that described their contents as "ceramic tiles." Prosecutors say Hobby Lobby agreed to adopt internal policies for importing cultural property and training its personnel.

The Hobby Lobby President Steve Green said the company cooperated with the government and should have exercised more oversight.

* AP

The biog

Name: Dr Lalia Al Helaly 

Education: PhD in Sociology from Cairo

Favourite authors: Elif Shafaq and Nizar Qabbani.

Favourite music: classical Arabic music such as Um Khalthoum and Abdul Wahab,

She loves the beach and advises her clients to go for meditation.

RESULTS

Time; race; prize; distance

4pm: Maiden; (D) Dh150,000; 1,200m
Winner: General Line, Xavier Ziani (jockey), Omar Daraj (trainer)

4.35pm: Maiden (T); Dh150,000; 1,600m
Winner: Travis County, Adrie de Vries, Ismail Mohammed

5.10pm: Handicap (D); Dh175,000; 1,200m
Winner: Scrutineer, Tadhg O’Shea, Ali Rashid Al Raihe

5.45pm: Maiden (D); Dh150,000; 1,600m
Winner: Yulong Warrior, Richard Mullen, Satish Seemar

6.20pm: Maiden (D); Dh150,000; 1,600m
Winner: Ejaaby, Jim Crowley, Doug Watson

6.55pm: Handicap (D); Dh160,000; 1,600m
Winner: Storyboard, Richard Mullen, Satish Seemar

7.30pm: Handicap (D); Dh150,000; 2,200m
Winner: Grand Dauphin, Gerald Mosse, Ahmed Al Shemaili

8.05pm: Handicap (T); Dh190,000; 1,800m
Winner: Good Trip, Tadhg O’Shea, Ali Rashid Al Raihe

Breaking News: The Remaking of Journalism and Why It Matters Now
Alan Rushbridger, Canongate

FIXTURES

All times UAE ( 4 GMT)

Friday
Saint-Etienne v Montpellier (10.45pm)

Saturday
Monaco v Caen (7pm)
Amiens v Bordeaux (10pm)
Angers v Toulouse (10pm)
Metz v Dijon (10pm)
Nantes v Guingamp (10pm)
Rennes v Lille (10pm)

Sunday
Nice v Strasbourg (5pm)
Troyes v Lyon (7pm)
Marseille v Paris Saint-Germain (11pm)

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.