A Sudanese businessman allegedly falsely obtained a EUR 1.1 million letter of credit (L/C) and a certificate of origin of cargo from Dubai Chamber of Commerce and Industry, Dubai Criminal Court has heard.

The businessman, who has not been named by the court, obtained the L/C and certificate of origin using a shipping certificate from a company in Dubai.

Accusations

The L/C was obtained from a bank in Bahrain that transferred the amount to the account of the accused's company in a bank in Dubai upon his request.

The businessman is accused of forging documents, using forged documents and providing an unsuspecting employee with false information and documents.

Forged documents

The accused used the letter of origin certificate issued by Dubai Chamber and supplied it together with false invoices and shipping certificates to the Bahrain-based bank.

This prompted the bank to release EUR 1.1 million in favour of the accused's company.

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