Businessmen handed lengthy terms, hefty fines over embezzlement
27-10-2021 12:07 PM
Ammon News - An anti-corruption court on Tuesday handed down lengthy prison terms and fines north of JD1 billion against two businessmen after they were found guilty of embezzlement and abuse of power.
The convicts were the chairman and board member of a local joint-stock company. The 7th Body of the Anti-Corruption Criminal Court sentenced the company’s former chairman to 22 years in prison and ordered him to pay fines and pay back amounts close to JD1 billion.
The second convict, the company’s board member, in the same case was sentenced to 6 years in prison and to pay back an amount of JD78 million over the same charges.
The case was originally investigated and referred to court by the Integrity and Anti-Corruption Commission in 2018.