Two bankers accepted bribes in exchange for leaking the account details of 25 customers of Abu Dhabi Commercial Bank, a court heard.
The Indian men, aged 32 and 23, both employees by ADCB, accepted the cash in exchange for revealing account information of customers living overseas who had balances of more than Dh300,000.
One of the defendants received Dh100,000 and the other a sum between Dh50,000 and Dh100,000, from a 30-year-old Indian man.
The men used the information to steal Dh599,000 from the account of one customer, who was out of the country at the time, Dubai Criminal Court heard.
They applied for bank cards in her name and used internet banking services to transfer Dh583,000 to an account belonging to them, prosecutors said.
The trio then allegedly used the credit card to withdraw another Dh16,000 from the account.
The three defendants are charged with fraudulently obtaining money.
Two, aged 30 and 32, are charged with illegally obtaining credit and ATM cards.
A 23-year-old banker is also charged with abusing his position, accepting a bribe, divulging confidential information, and aiding and abetting.
The Indian victim, 34, said she left the country in December 2016 and returned on February 25 last year.
On March 3, the woman was informed by her bank that she had been transferring money and using her credit card to purchase gold, which she said she did not do.
“The last action I made on my account was in December 2016,” she said.
The anti-fraud section at the bank started an internal investigation which led to the men being identified.
The two bankers were arrested, but the third man remains at large.
The two former ADCB employees deny the charges. The next hearing is on September 20.
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More from court:
Men who robbed woman before she fell to her death lose appeal bid
British man sends alarm bells ringing after escape bid at Dubai police station, court hears
Former DP World manager must pay Dh5 million fine over bribe plot
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WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
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Basquiat in Abu Dhabi
One of Basquiat’s paintings, the vibrant Cabra (1981–82), now hangs in Louvre Abu Dhabi temporarily, on loan from the Guggenheim Abu Dhabi.
The latter museum is not open physically, but has assembled a collection and puts together a series of events called Talking Art, such as this discussion, moderated by writer Chaedria LaBouvier.
It's something of a Basquiat season in Abu Dhabi at the moment. Last week, The Radiant Child, a documentary on Basquiat was shown at Manarat Al Saadiyat, and tonight (April 18) the Guggenheim Abu Dhabi is throwing the re-creation of a party tonight, of the legendary Canal Zone party thrown in 1979, which epitomised the collaborative scene of the time. It was at Canal Zone that Basquiat met prominent members of the art world and moved from unknown graffiti artist into someone in the spotlight.
“We’ve invited local resident arists, we’ll have spray cans at the ready,” says curator Maisa Al Qassemi of the Guggenheim Abu Dhabi.
Guggenheim Abu Dhabi's Canal Zone Remix is at Manarat Al Saadiyat, Thursday April 18, from 8pm. Free entry to all. Basquiat's Cabra is on view at Louvre Abu Dhabi until October
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