Following an internal inquiry by the company, the embezzlement was confirmed, leading to the swift involvement of the Al-Khalediya Police Centre. Remarkably, the police managed to apprehend Niyas in record time, as stated in their official statement on April 5
In a startling turn of events, Abu Dhabi police have apprehended Muhammad Niyas, a 38-year-old native of Kannur district in Kerala, on charges of embezzling 600,000 dirhams (approximately ₹1.5 crore) from the renowned LuLu Group in the UAE.
Niyas, employed as a cash office-in-charge at LuLu Hypermarket in Khalidiyah Mall, went missing on March 25, prompting an investigation by the authorities.
-
Niyas, who had been a loyal employee of the LuLu Group for 15 years and resided in Abu Dhabi with his family, now faces legal action as the investigation progresses
-
The company, in turn, commended the Abu Dhabi police for their prompt response and expressed relief at the swift resolution of the case
The theft was uncovered when Niyas failed to report for duty and was unreachable, with his phone switched off. Following an internal inquiry by the company, the embezzlement was confirmed, leading to the swift involvement of the Al-Khalediya Police Centre.
Remarkably, the police managed to apprehend Niyas in record time, as stated in their official statement on April 5.
Niyas, who had been a loyal employee of the LuLu Group for 15 years and resided in Abu Dhabi with his family, now faces legal action as the investigation progresses. The company, in turn, commended the Abu Dhabi police for their prompt response and expressed relief at the swift resolution of the case.
The incident serves as a reminder of the importance of vigilance and oversight in preventing financial crimes within organizations, even among long-serving employees.
***********************************************************************
Readers
These are extraordinary times. All of us have to rely on high-impact, trustworthy journalism. And this is especially true of the Indian Diaspora. Members of the Indian community overseas cannot be fed with inaccurate news.
Pravasi Samwad is a venture that has no shareholders. It is the result of an impassioned initiative of a handful of Indian journalists spread around the world. We have taken a small step forward with the pledge to provide news with accuracy, free from political and commercial influence. Our aim is to keep you, our readers, informed about developments at ‘home’ and across the world that affect you.
Please help us to keep our journalism independent and free.
In these difficult times, running a news website requires finances. While every contribution, big or small, will make a difference, we request our readers to put us in touch with advertisers worldwide. It will be a great help.
For more information: pravasisamwad00@gmail.com
