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    • Criminal Complaint filed against Al Fajer Properties Sheikh Maktoum
      Criminal Complaint filed in Germany against Sheikh Maktoum Hasher Maktoum Juma Al Maktoum CEO of Dubai Developer Al Fajer Properties The Dubai Sheikh who mislead and extort a German Couple  Germany – Dubai 2011 A German elderly couple , today 80 + 50 years old who have been Dubai Tourists since a decade, bought in 2005 an apartment at Nakheel´s Dubai Residen […]
    • UAE: Human Rights Blogger, Sorbonne Lecturer Charged With ‘Humiliating' Officials
      source Human Rights Watch www.hrw.org (Beirut) - The United Arab Emirates attorney general should immediately drop all charges against five pro-democracy activists to halt their trial, Human Rights Watch said today. The charges of "humiliating" top officials relate solely to the defendants' peaceful use of speech to criticize the UAE governmen […]
    • Nakheel Dubai Sunland Case
      June 5, 2011After 21 hearings, Chris O'Donnell, the Australian chief executive of Dubai's major developer, Nakheel, came to the defence of his former colleagues Matthew Joyce and Marcus Lee. Mr Joyce and Mr Lee are accused of profiting from the sale of land that had been earmarked for a colossal high-rise development, which was to include the futur […]
    • Dubai Nakheel CEO decided to leave the company
      Dubai June 7, 2011 Nakheel said on Wednesday that its CEO Chris O'Donnell had left the company "after completing his contract terms". O'Donnell, an Australian who joined the developer in 2006, said he had decided to leave Nakheel following five years spent with the company, the statement added. O'Donnell has overseen a traumatic time […]
    • Owner of Dubai Developer Damac Hussain Sajwani files case against Egypt corruption ruling
      Dubai property developer Damac said on Tuesday it had filed an international arbitration case against Egypt over a land dispute and the conviction of its chairman and owner, Hussain Sajwani.A Cairo court last week sentenced Sajwani in his absence to jail and ordered him to pay a $40.5 million fine in connection with his 2006 purchase of land at Egypt's […]
    • Dubai Palm Jumeriah - Investors plan to take legal action
      Investors in Dubai Palm Jumeirah’s Golden Mile complex will this week serve the developer behind the project with a legal ultimatum to hand over their units or issue them with a refund.Up to ten investors in the luxury complex plan to issue Souq Residences with legal notice in a bid to force a resolution to a dispute that has been ongoing for more than a yea […]
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Archive for September, 2012

Mohammed Al Roken Uae Human Rights lawyer detained

Posted by 7starsdubai on September 18, 2012


Reveal Activist’s Whereabouts; Investigate Torture Allegations

On September 10, 2012, Human Rights Watch wrote to President Shaikh Khalifa Bin Zayed Al Nahyan to say that the UAE’s accession to the United Nations Convention Against Torture and Other Cruel, Inhuman or Degrading Treatment or Punishment on July 19 was a positive step.

“The allegations of torture and the enforced disappearance of Ahmed al-Suweidi are matters of grave concern and exhibit increasingly brutal tactics by the UAE’s State Security apparatus,” said Joe Stork, deputy Middle East director at Human Rights Watch. “The UAE’s allies in the West should not remain silent in the face of such serious international crimes.”

Al-Suweidi, whose situation recently came to light, is one of 60 civil society activists and human rights defenders whom UAE authorities are holding without charge following their peaceful calls for political reform. They include two prominent lawyers, Mohamed al-Roken and Mohamed al-Mansoori. The condition of the other detainees is also a cause of concern after reports from people who saw them at a September 6 hearing to extend the detention of six of them, the groups said.

Dr.Mohammed Al-Roken, UAE citizen founding member of Bridging the Gulf foundation for human security in the Gulf region (http://www.bridgingthegulf.org/), member of Amnesty International and a former head of the Emirati Lawyers’ Association, has always been fervent supporter of democracy and spreading of a culture of tolerance and human rights in the Arab Gulf region. Recently he represented a small group of Emirati citizens who called for governmental reform in UAE near the start of the region’s Arab Spring protests. Some of his clients were consequently arrested and convicted earlier this year with national security offenses.

http://www.trust.org/trustlaw/news/uae-crackdown-on-islamist-group-intensifies

Attorney General Salem Saeed Kubaish accused the group of having links to “foreign organizations and outside agendas” and “opposing the U.A.E. constitution and ruling system.”

Leading Emirati human rights lawyer Dr Mohammed Al Roken was detained this week amid a harsh crackdown on anti-government critics in United Arab Emirates, sparking condemnation from international rights organizations, international media even the office of the UN High Commissioner for Human Rights.

http://www.ohchr.org/EN/NewsEvents/Pages/DisplayNews.aspx?NewsID=12363&LangID=E

see also the UN calls on United Arab Emirates to guarantee protection of rights defenders:

http://www.un.org/apps/news/story.asp?NewsID=42492&Cr=Human+Rights&Cr1=

It is unclear whether Mr. Roken, 50 years old, is considered part of this group under investigation or has been charged with a crime. Security forces detained Mr. Roken as he drove to a local Dubai police station seeking information about his son and son-in-law, who had also been arrested, according to Amnesty and Human Rights Watch:

http://www.hrw.org/news/2012/07/18/uae-crackdown-islamist-group-intensifies

http://www.amnesty.org/en/for-media/press-releases/uae-human-rights-lawyers-among-13-detained-crackdown-intensifies-2012-07-18

http://en.alkarama.org/index.php?option=com_content&view=article&id=973:uae-at-least-14-activists-detained-in-aggressive-crackdown&catid=38:communiqu&Itemid=107

This is not the first time Dr Al Roken has been subjected to persecution; in 2008 the UN Special Representative of the Secretary-General on the situation of human rights defenders expressed concern at the treatment of Mohamed al-Roken:

http://www.amnesty.org/en/for-media/press-releases/uae-human-rights-lawyers-among-13-detained-crackdown-intensifies-2012-07-18

U.A.E. security sources, declined to discuss details of his detention , though requests made by leading international media including the Wall street journal:

http://online.wsj.com/article/SB10000872396390444097904577535121065522322.html?mod=googlenews_ws

They were told that Dr. Roken’s arrest was ordered by the national security department from the capital Abu Dhabi.

Dr Mohamed Al Roken received  Alkarama Award for Human Rights Defenders for 2012

This year, the award ceremony will be held at the Geneva International Conference Center (CICG) on 7 December 2012.

Posted in dr mohammed al roken human rights lawyer, Human Rights Activst UAE, Human Rights Dubai, Torture UAE | Tagged: , , , , | Comments Off on Mohammed Al Roken Uae Human Rights lawyer detained

Dubai Group sued over 10 Billion Debt in London by international Banks

Posted by 7starsdubai on September 15, 2012


Sorting out Dubai Group’s $10bn debts was always going to be tougher than most negotiations over the emirate’s total $110 debt pile.

RBS, Commerzbank, Standard Bank and Commercial International Bank of Egypt calling for immediate repayment of their loans after claiming two years of talks had failed.

 Now RBS, Commerzbank, Standard Bank and Commercial International Bank of Egypt have raised the stakes by launching arbitration proceedings in London, calling for immediate repayment of their loans after claiming two years of talks had failed.

RBS was co-chair of a group of partially-secured banks that made up $4.5bn of the $6bn owed to lenders. The remaining $4bn lies in inter-company loans with Dubai Group’s parent, Dubai Holding, owned by Dubai’s ruler, Sheikh Mohammed bin Rashid Al Maktoum.

Dubai Group raked up billions of dollars of debt to acquire mainly minority stakes in financial companies and real estate across the world, including Bank Islam Malaysia and regional investment banks EFG-Hermes and Shuaa Capital.

The value of those assets, put at around $3bn at the start of the debt talks in 2010, has declined to around $2bn, says one person aware of the matter.

The legal action in London stems from a fundamental disagreement between western banks seeking to exit the non-performing loans as soon as possible and local banks that arguing for longer term restructured loans that would have required lower provisioning.

Assuming the banks win an arbitration award against Dubai Group, they could then seek to attach their claims against Dubai Group assets worldwide.

Under the New York Convention of 1958, signed by the UAE, international arbitration awards should automatically be approved by Dubai courts.

One person aware of the situation says the claims threaten to push the investment company into insolvency, putting Dubai Group directors in legal jeopardy for potentially trading as an insolvent company.

But lawyers also point out that these domestic laws are rarely enforced in the UAE against any company, making implementation against a company owned by Dubai’s ruler even less likely.

read the full article  original source ” Dubai’s creditors: playing chicken” Financial Times Blog

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Investors of dealyed Dubai Sports City file a petition to the Dubai Land Department

Posted by 7starsdubai on September 11, 2012


Hundreds of investors in the massive delayed real estate projects at Dubai Sports City (DSC) are to hand in a petition to Dubai Land Department urging authorities to audit the project and investigate delays by third-party residential real estate subcontractors. According to the investors’ petition, they claim “what we have is a half built sports city, with many building plots standing abandoned and investors chasing non-existent developers to try to get their money.”

 

The Petition RERA Dubai Help us :

We are the 2005/07 Investors of Dubai Sports City.

Many of us wanted a holiday home in Dubai for our families and before that we were part of the successful Tourism Industry that frequents Dubai every year. Some of us were planning to make Dubai our new home. We are not gamblers or speculators that invested beyond our means.

Our money was supposed to be protected by the escrow accounts. We were promised stadia and infrastructure. It is now 2012 with no end in sight…

The Developers have defaulted on mass scale since according to our contracts our projects were supposed to be completed between 2008 and 2010. Until today we have not received any request for an extension of our contracts and no explanation about why the projects have been stalled. Many of us were asked for more money and some of us were told that the construction was in progress when it was not. Many projects have stalled for years, but those Developers are still allowed to hold our money until “the market improves”. Despite numerous contacts with RERA our rights have not been upheld. Furthermore RERA is delaying the cancellation of non-vital projects. We feel that this  inaction has an additional negative impact on the Dubai economy and more precisely on its real estate market.

It is our belief that if RERA applied the law equally to Developers and Investors, we would be allowed to choose to receive refund of our money as per our contracts and could then reinvest the money in viable projects. If the Developers have misused the money they should be penalised according to the law.

We, the undersigned hope for the best future of Dubai. As Investors in Dubai we ask:
1. The Government to stop the Developers demands for additional payments beyond those already contracted;
2. To provide every Investor with escrow/trust fund/invested money information in every project in DSC so Investors can make informed decisions,
3. Create new escrow accounts for new payments,
4. Require the Developers to use the money already invested into the projects to complete them;
5.Mediate disputes between investors and Developers and come up with practical solutions -don’t send everybody to courts.

Click here to sign the Petition

Posted in Dubai, Dubai Property Investors, Dubai Property refund, Dubai Real Estate Scandal, Dubai Sports City, Petition Rera Dubai, Real Estate Dubai, Rera Dubai | Tagged: , , , , , | Comments Off on Investors of dealyed Dubai Sports City file a petition to the Dubai Land Department

Dubai Developer resist to refund money even the apartment was never built

Posted by 7starsdubai on September 2, 2012


DUBAI: Seven years after she invested in an apartment that never got off the ground, a British woman is still chasing the developer for a refund.

In February 2005 the Chambers booked a studio at Paris Residence 1, a project of the 32Group Properties Ltd. “To date, they have not broken ground on the said property proposed for International City,” said the mother of two. The Chambers had given Dh140,000 to the developer.

As per the sales contract, and as the developer has defaulted, the Chambers should get their money within 60 days from the time of cancelling the agreement, along with interest, she said. “The company executives never respond to my emails. And when I call, they ask us to send them email. We’ve always been given a runaround.”

continue reading original source XPRESS

Posted in Dubai Developer, Dubai Real Estate Scandal | Tagged: , , | Comments Off on Dubai Developer resist to refund money even the apartment was never built

 
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