A man has been jailed for five years for his role in the theft of a Dh73 million diamond. Courtesy Dubai Police
A man has been jailed for five years for his role in the theft of a Dh73 million diamond. Courtesy Dubai Police
A man has been jailed for five years for his role in the theft of a Dh73 million diamond. Courtesy Dubai Police
A man has been jailed for five years for his role in the theft of a Dh73 million diamond. Courtesy Dubai Police

Man who stole Dh73 million diamond in Dubai jailed for five years


Salam Al Amir
  • English
  • Arabic

A security worker who stole a rare Dh73 million diamond from a company vault in Dubai has been jailed.

The precious stone was recovered in Sri Lanka after the 37-year-old diamond thief's accomplice, who remains at large, smuggled it out of the UAE in a shoe.

The two men, both from Sri Lanka, were given five years behind bars at Dubai Criminal Court, the smuggler being sentenced in his absence.

A third defendant, aged 38, also from Sri Lanka, was sentenced to three months in prison for sheltering the security guard while he was wanted by police.

A senior employee, tasked with keeping hold of the blue diamond, was handing over his responsibilities after his resignation when he uncovered the theft.

He discovered that the bag where the diamond was kept had been ripped and its box had been switched by the defendant during the theft on May 25.

Investigations revealed the serial number on the box did not match the one in which the diamond was kept.

“The entire box was taken and replaced with another one that carries a different serial number,” said the Jordanian man, 37, who had tendered his resignation from the company.

"the orange bag where we kept the diamond inside that box, was the same, but the diamond was not in it." 
Police were notified and, after combing through CCTV footage, they were able to pinpoint the Sri Lankan offender who was seen wearing a heavy jacket in the footage - despite the room not having air-conditioning and it being a hot day.

The defendant had access to the code for the vault and the box, and he had removed the diamond then hid it under his heavy jacket before giving it to a relative.

His relative, who is at large, smuggled it out of the country inside a shoe the same day.

On May 28, the guilty party was asked by the company to attend a meeting concerning the missing diamond but he did not turn up and went into hiding with the help of the 38-year-old compatriot.

He was tracked down in Sharjah within a matter of days and admitted the crime during police questioning, telling officers he had plotted the theft days in advance.

He admitted theft in court while the man who harboured him denied knowing that he had carried out the crime.
"He told me that he was in trouble related to bounced cheques," said the co-accused to judges.

Dubai Criminal court ordered the men’s deportation following the completion of their prison sentences.

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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
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