Abu Dhabi Police Arrest Kerala Man for Allegedly Embezzling ₹1.5 Cr from LuLu Group

Accident – Death – Obituary News : : 1. Abu Dhabi Police arrest Kerala man
2. LuLu Group embezzlement case Abu Dhabi

Abu Dhabi police recently arrested an Indian employee of the LuLu Group in the UAE for allegedly embezzling 1.5 crore INR from the company. The accused, Muhammad Niyas, who hails from Kerala, worked as a cash office-in-charge at the LuLu Hypermarket in Khalidiyah Mall. The incident came to light when he went missing on March 25, prompting an investigation by the police. The company reported the embezzlement to the authorities, leading to Niyas’s swift arrest. He had been with the LuLu Group for 15 years and lived with his family in Abu Dhabi. The company officials have not commented on the matter.

Abu Dhabi Police Arrest Kerala Man for Embezzling ₹1.5 Crore from LuLu Group

The Abu Dhabi police have apprehended an Indian employee of the LuLu Group in the UAE, who had been on the run since March 25 after allegedly siphoning off 600,000 dirhams (equivalent to ₹1.5 crore) from the company. The accused, identified as Muhammad Niyas (38), hails from Kannur district in Kerala and served as a cash office-in-charge at the LuLu Hypermarket located in Khalidiyah Mall in Abu Dhabi.

Swift Police Action

Following the incident, the Al-Khalediya Police Centre in Abu Dhabi received a report from a local business institution detailing the embezzlement by an employee. The criminal investigation teams swiftly gathered information, leading to the arrest of the accused in a remarkably short period. The investigation is currently underway, with the authorities closely monitoring the situation before transferring the case to the Prosecutor’s Office for necessary legal actions.

The commercial institution expressed gratitude towards the General Command of the Abu Dhabi police for their prompt response and the efficient apprehension of the accused. The swift action taken by the authorities highlights their dedication to upholding law and order within the emirate.

Discovery of Embezzlement

The embezzlement came to light when the accused failed to report for duty on March 25, prompting concerns from the company. Subsequent attempts to reach him proved futile as his phone remained switched off. Upon further investigation, the LuLu Group uncovered the financial discrepancies and promptly notified the police of the fraudulent activities.

Long-Standing Employment

Muhammad Niyas had been an integral part of the LuLu Group for the past 15 years, showcasing a long-standing commitment to the company. Residing in Abu Dhabi with his family, the accused’s actions have left the business institution reeling from the financial loss incurred.

Company’s Response

The LuLu Group officials were unavailable for comment regarding the incident, as they navigate the aftermath of the embezzlement and collaborate with the authorities to seek justice for the misappropriated funds. The company’s reputation, built over years of dedicated service, faces a significant challenge in light of the alleged misconduct by one of their trusted employees.

In conclusion, the swift response by the Abu Dhabi police underscores the commitment to ensuring accountability and justice in the face of financial crimes. The arrest of Muhammad Niyas serves as a warning to individuals looking to exploit their positions for personal gain, highlighting the consequences of fraudulent activities within the corporate sector.