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Re: “Another hint on federal probe of political corruption

Swiss police detains Bin Sulayem CEO of DPworld Dubai Ruler Right hand despite diplomatic passport over alleged serious fraud

Update throughout

Zurich,Dec 11 --- Dubail Sultan Ahmed bin Sulayem, CEO of Dubai Ports world also known as Sheikh Maktoum Right hand, 62, was detained in Switzerland on Thursday over an alleged attempt at serious financial fraud. He was released by the Swiss police today.
Swiss Newspaper Zurcher Oberländer was the first to report about bin Sulayem’s detention. Later today, the information was confirmed by the spokesman for the Zurich police, Marco Cortesi. An attempted financial fraud is reportedly involved in the case. The Swiss Interior Ministry’s spokesman told the Reuters agency that bin Sulayem and three other UAE nationals, who were arrested together, attempted to withdraw €550 million from a bank in Zurich using false identity documents.

Cortesi revealed that the police have detained four men, including bin Sulayem. They were questioned by the police and handed to the state attorney’s office in Zurich. He would not provide more information on the case.

The UAE Foreign Ministry said the Swiss informed it that bin Sulayem and three other persons were detained while committing a financial crime.
The Swiss server wrote that the three UAE Nationals attempted to withdraw US $ 550 Million from a bank in which an account in Bin Sulayem’s name is kept on Thursday. The server wrote that the three others were stooges.
Police stated that together with bin Sulayem they entered the Swiss bank, which, however, refused to carry out the huge transaction because the birth date on a submitted document was not correct. The men allegedly started to be aggressive and the police had to intervene. An investigation into the origin of the money started, Cortesi declared. Dubai ruler cheikh Maktoum’s office spokesperson refused to confirm the information on bin Sulayem’s arrest and detention yesterday. Swiss State attorney said today Bin Sulayem will be released and investigated at liberty under judicial control to the official demand received from the UAE embassy in Switzerland. He said however he does not know all the details of the matter yet.

Swiss Interior Minister told journalists that this was most probably an attempted financial fraud and that Swiss law will apply.
Jana Muelli spokesman for the Swiss Police, declared that the UAE Authorities and the Dubai police have been asked to cooperate in the Investigation into an attempted fraud in which allegedly UAE citizens participated. She did not have any more information.
Dubai Ports World spokesman refused to confirm onto whether bin Sulayem holds diplomatic immunity and whether it applies in case of illegal activities.
In this concrete case, as an obvious crime seems involved, it is hard to imagine it being covered by any immunity said Jana Muelli spokeswoman for the Swiss police, but added this is a matter for the Swiss attorney to decide.
Media have written about bin Sulayem indiction in numerous corruption matters also in connection with bribes of millions of US $ arising from his role as Sheikh Maktoum’s Dubai Ports World company.

He still faces numerous claims in various jurisdictions since the withdrawal of DP World from the London stock exchange allegedly because of a high risk claim for bribery in 2013.
In 2014, Bin Sulayem had a serious incident in a hotel with an African television reporter whom he attacked both verbally and physically after she asked him about an allegedly unfair behavior of Dubai ports world and potential corrupt practices.
According to media, Bin Sulayem is a witness and an aggrieved party in an extensible case of corruption, embezzlement and forgery, currently running before the London High Court. The case potentially incurs millions of US $ damages.

In the past, Bin Sulayem, had problems with law mainly because of Drug and alcohol related matters and traffic accidents. In June 2007, his car knocked-down a woman on a pedestrian crossing and he was found driving under high alcohol. He financially settled the accident with the young Morrocan woman and had her expelled from Dubai.

In 2014, in a hotel in Hong-Kong, he hit a young woman who suffered injuries and was taken to hospital. The matter was first investigated as a possible crime, but based on an expert’s opinion it was qualified as a misdemeanor against the young massage person and again financially settled.

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Posted by Lindsay Fortado on 12/11/2015 at 9:08 AM


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