Dubai: A fraudster behind a 6,000 tonne rice rip-off uncovered by Gulf Information final yr has been discovered responsible by a Dubai Courtroom. The Indian expat, Ok.M, has been sentenced to 6 months in jail and in addition ordered to pay $1.20 million to considered one of his victims. The 52 yr outdated will probably be deported after serving his jail time period, courtroom paperwork present.
Scores of mill house owners from India have been left baffled and devastated after 6,000 tonne of rice shipped by them to Dubai in 250 containers vanished between March and April final yr. Their collective loss was estimated to be over Dh15 million.
In August 2019, Dubai’s Public Prosecutor ordered a probe into the audacious theft lower than a month after Gulf Information broke the story.
The conviction and sentence follows an in depth investigation into the rip-off by Dubai Police who arrested Ok.M. in March this yr. He has since been out on bail.
Vipin Goel, considered one of six Indian exporters, who took the authorized route towards Ok.M. stated, “I’ve immense religion within the judicial system of the UAE and hope to get an analogous verdict in my case.” Goel is the proprietor of Kamla Rice and Basic Mills, headquartered in Karnal, a metropolis within the north Indian state of Haryana. The export home misplaced $1.1 million price of rice which was shipped in 17 containers to Dubai-based Al Rawnaq Al Thahabi Basic Buying and selling. Farag Deifalla, authorized guide at Yousif Alhammadi Advocates and Authorized Consultancy which represents a few of the victims stated Ok.M. has been ordered to pay $120,7855 to their shopper KG Industries. “We’re awaiting judgement in different instances,” Deifalla instructed Gulf Information on Tuesday.
Harman Rice ($553,640); Amritsar Riceland ($451,250) Aarna Foodstfuff ($289,925), AS Impex ($287,985) and Heera Rice Mills ($131,435) are amongst a number of different Indian firms which additionally equipped rice to Al Rawnaq Al Thahabi, represented by Ok.M.
The exporters got telegraphic switch [TT] receipts by a cash trade home as ‘proof’ that their funds have been being electronically remitted to their banks in India. However the cash by no means arrived.
Investigations by Gulf Information revealed that as many as 23 TTs price Dh15.38 million received cancelled after cheques issued towards them bounced due to inadequate funds.
By the point panicked exporters rushed to Dubai, it was too late. Al Rawnaq’s rented warehouse in Al Quoz the place the rice containers have been delivered was empty as was the corporate’s workplace at XL Tower in Enterprise Bay.
The corporate’s proprietor, Tariq, who projected himself as a multi-millionaire, additionally disappeared.
“After I got here to Dubai, Tariq invited me to his sprawling six bed room villa for dinner and despatched a chauffeur-driven SUV to select me up from the lodge. I used to be impressed,” recollects Goel.
“At his home, I met his spouse, son and mom for whom I carried items. In truth, her mom lovingly put her hand on my head to bless me. Every little thing was a farce.”