Dubai court slams Nigerian billionaire jail term over financial crime
[NigerianEye - Nigeria] - 10/02/2025
A Dubai court has slammed a Nigerian billionaire, owner of Rahmaniya Filling Station, Ultimate Oil and Gas, Abdulrahman Bashar, with a one-year jail term over financial crime, according to a report.Premium Times reports that Bashar bagged the jail term due to financial crime involving his dealings with CI Energy Company.According to documents, the UAE court gave the verdict on 30 January 2025.The sentence document showed the UAE charged the businessman for issuing seven cheques with a combined value of 126.45 million dirhams, drawn on an Emirates Islamic Bank account with a mismatch in his (…)
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