Embezzlement: Bahrain government employee gets 10 years jail, $2.8 million fine
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Bahrain’s High Criminal Court yesterday awarded a ten-year jail term to a public servant convicted of embezzlement.
The court also slapped a fine of $1,410,220 and ordered to return the misappropriated amount - equivalent to the fined amount.
The ruling brings the total amount payable to $2,820,444, said the Head of the Financial Crimes and Money Laundering Prosecution.
According to court files, the accused passed invoices for $1,410,222 in return for supplies and services offered by the state-owned company.
However, all the payments, the Public Prosecution found, went to two companies owned by the suspect directly and indirectly.
The suspect was working a director of a department of a state-owned company.
Investigators found that the action of the suspect contributed to tarnishing the goodwill of the company and produced irreparable harm to its reputation.
The Public Prosecution heard testimonies of employees of the affected company.
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