Saudi Arabia Minister convicted by a Dubai Court

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Saudi Arabia Minister convicted by a Dubai Court

A court in Dubai has convicted a Saudi minister and four of his brothers of fraud in a case filed by Palestinian-Canadian businessman Omar Ayesh, the Al Jazeera news network reported Monday.

Ahmed Al-Rajhi, the current Saudi labor minister, and his brothers were accused of seizing the properties and assets of Tameer Holding Investment, including the shares of its founder, Ayesh.

According to Al-Jazeera, the verdict was issued on Nov. 25 and the court ordered the Saudi minister and his brothers to pay compensation to the Palestinian businessman of around 1.7 billion UAE dirhams ($462.8 million) in addition to 9% interest annually on the amount of the fine starting from March 12, 2017 until the completion of payment.

There was no official statement from the UAE side or Al-Rajhi.