A man has been cleared of helping three other men embezzle Dh41m from a Kuwaiti company by Dubai Criminal Court.
The Pakistani man, whose age was not disclosed in records, was charged with aiding and abetting two British nationals and a Kuwaiti man to scam the real estate company.
The three other defendants were all convicted of forgery, use of forged documents fraudulently obtaining Dh41m, and money laundering by transferring the money to different bank accounts outside the UAE.
All four defendants are still at large.
The British and Kuwaiti defendants, whose ages are not disclosed, were not present in court but were two years in prison each to be followed by deportation while the Pakistani accused, was acquitted of all charges.
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The specs: 2017 Porsche 718 Cayman
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Engine 2.0L, flat four-cylinder
Transmission Seven-speed PDK
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Torque 380hp @ 1,950rpm
Fuel economy, combined 6.9L / 100km
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Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
Company profile
Company: Eighty6
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Country-size land deals
US interest in purchasing territory is not as outlandish as it sounds. Here's a look at some big land transactions between nations:
Louisiana Purchase
If Donald Trump is one who aims to broker "a deal of the century", then this was the "deal of the 19th Century". In 1803, the US nearly doubled in size when it bought 2,140,000 square kilometres from France for $15 million.
Florida Purchase Treaty
The US courted Spain for Florida for years. Spain eventually realised its burden in holding on to the territory and in 1819 effectively ceded it to America in a wider border treaty.
Alaska purchase
America's spending spree continued in 1867 when it acquired 1,518,800 km2 of Alaskan land from Russia for $7.2m. Critics panned the government for buying "useless land".
The Philippines
At the end of the Spanish-American War, a provision in the 1898 Treaty of Paris saw Spain surrender the Philippines for a payment of $20 million.
US Virgin Islands
It's not like a US president has never reached a deal with Denmark before. In 1917 the US purchased the Danish West Indies for $25m and renamed them the US Virgin Islands.
Gwadar
The most recent sovereign land purchase was in 1958 when Pakistan bought the southwestern port of Gwadar from Oman for 5.5bn Pakistan rupees.
