Cheques fraud on the Internet
Date: August 02, 2007Source: gulf-daily-news.com
An investor is due back in court next Sunday, accused of issuing two dud cheques totalling BD1,100,000 to finance a hi-tech communications project in Bahrain.
The Saudi businessman denies the charge, saying that the cheques were only meant as a guarantee, under an agreement with the Duabi-based company behind the project.
It involved setting up a communications centre in Bahrain to allow companies to buy and sell over the Internet, the Lower Criminal Court heard.
The defendant is free on BD10,000 bail but under a travel ban, which defence lawyer Fareed Ghazi urged the court to lift at an earlier hearing.
Add comment
Email to a Friend
