Two Arrested for Allegedly Defrauding Tamkeen of $140,000 in Fake Employment Scheme

TDT | Manama

The Daily Tribune - www.newsofbahrain.com   

Two individuals have been arrested and a third is being sought by authorities for allegedly defrauding the Labour Fund “Tamkeen” of 53,720 Bahraini dinars ($140,000) through a fake employment scheme.

The Public Prosecution for Financial Crimes and Money Laundering announced the arrests following an investigation triggered by a complaint filed by Tamkeen.

The investigation was initiated after Tamkeen’s Violations Committee, during routine inspections and site visits, discovered that a supported company did not exist and that none of the employees listed on its payroll had actually been employed.

The investigation, conducted by the General Directorate of Anti-corruption and Economic and Electronic Security revealed that the company owner had allegedly submitted fake employment contracts for 25 individuals in order to fraudulently obtain Tamkeen’s support funds.

The Public Prosecution questioned the two arrested individuals, who were shareholders in the company, and presented them with evidence.

They were subsequently remanded in custody. A warrant has been issued for the arrest of the company owner, who is expected to be questioned soon. The investigation is ongoing and the suspects will be referred to court for criminal prosecution once the investigation is complete.