A fugitive bank executive already sentenced to 10 years in jail in three separate criminal cases was handed another five-year sentence and a BD100,000 ($26,180) fine by Bahrain’s High Criminal Court, a report said.
Thirty-two people suspected of involvement in a multi-billion dollar banking fraud with alleged links to the government of Iranian president Mahmoud Ahmadinejad have gone on trial in Tehran, the Iranian state news agency reported.
Tough punishments against bribery and embezzlement in Bahrain's private sector have been approved by MPs.
Parliament backed a government-drafted bill that will impose the punishments as Bahrain introduces new legislations to combat cor
Former Dubai Properties chairman Hashim Al-Dabal has been released after repaying $35 million in public funds which he was accused of embezzling, the emirate's government said on Tuesday.
The executive, who was detained in late 2009, s