Dubai UAE News from the Press Property Market Disaster and More

  • May 2016
    M T W T F S S
    « Dec    
  • Middle East Unrest Update

  • Talk of the Town

    Jo Hopworth on Justice For Natalie – Na…
    Mariam on Criminal Complaint filed in Ge…
    Martin Kraeter on ACI Dubai Funds filed bankrupt…
    Independent Observer on Iranian’s lawsuit reveals roya…
    Rado on DubaiTouristen landen schnell…
    Dubai Citizen on Al Fajer Properties Case…
    Dane on Outlook in concrete- Dubai Wor…
    jamesl fayad on RERA Dubai – Dubai Prope…
    Jacques on Malika Karoum finally arrested…
    James Brown on ACI – Alternative Capita…
    Journalist on Al Fajer Properties-500 Invest…
    ron oakeley on ACI – Alternative Capita…
    Benson Fu on Shahram Zadeh against Al Fajer…
    Monika on RERA – Dubai mulls cance…
    Ali Varahram on Shahram Zadeh against Al Fajer…
  • Top Rated Comments

  • Top Posts

  • RSS Dubai United Arab Emirates Property Real Estate Debt Fraud Developer Investor Court News

    • 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 […]
  • Top Rated Posts

    • 449,258 visitors 2010
  • Disclaimer 7 Stars Dubai

    This Website of the Blog 7starsdubai.wordpress.com and 7starsdubai.com content still existing media releases and comments from reputated press and websites only. The content of this Website focus to consumer protection for Investors of the Dubai Property market, the UAE and the Middle East. Press Article from the international Press who report about Fraud in relation with Property Investment and Real Estate Developer Investor Disputes in Dubai and the UAE as well reports from the Press about other criiminal acts and Civil Real Estate cases, Lawsuits before the Court in Dubai, the UAE or other countries. Furtheron we show reports about consumer protection and human rights in the Middle East. Actual Topics about the Unrest in Middle East. The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of this site does not constitute advice or a recommendation by us.Communications and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this Web site. We can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on this Web site nor do opinions of contributors necessarily reflect those of us.In no event shall we be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to this Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise. Comment Rules: Although the administrators and moderators of 7starsdubai.com will attempt to keep all objectionable comments off this Blog, it is impossible for us to review all comments . All messages express the views of the author, and neither the owners of this Blog, nor the administrator of this Blog will be held responsible for the content of any message, comment. By agreeing to these rules, you warrant that you will not post any messages that are obscene, vulgar, hateful, threatening, or otherwise violative of any laws. The adminstrator of this Blog reserve the right to remove, edit, move or close any comment (message) for any reason This Blog content still existing media releases and comments from websites only. The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of this site does not constitute advice or a recommendation by us.Communications and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this Blog. We can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on this Web site nor do opinions of contributors necessarily reflect those of us.In no event shall we be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to this Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise. Copyright: The copyright to the text of the blog is held by the author or link as source provided, where applicable. All images displayed are copyright their respective owners and are used either under licence or under the fair use provisions of international copyright law. The information contained in this Web site is for general guidance on matters of interest only. The application and impact of laws can vary widely based on the specific facts involved. Given the changing nature of laws, rules and regulations, and the inherent hazards of electronic communication, there may be delays, omissions or inaccuracies in information contained in this site. Accordingly, the information on this site is provided with the understanding that the authors and publishers are not herein engaged in rendering legal, accounting, tax, or other professional advice and services. As such, it should not be used as a substitute for consultation with professional accounting, tax, legal or other competent advisers. Before making any decision or taking any action, you should consult the administrator of this website. While we have made every attempt to ensure that the information contained in this site has been obtained from reliable sources, 7starsdubai.com is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information in this site is provided "as is", with no guarantee of completeness, accuracy, timeliness or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including, but not limited to warranties of performance, merchantability and fitness for a particular purpose. In no event will 7starsdubai its related partnerships or corporations, or the partners, agents or employees thereof be liable to you or anyone else for any decision made or action taken in reliance on the information in this site or for any consequential, special or similar damages, even if advised of the possibility of such damages. Certain links in the Web site connect to other sites maintained by third parties that may or may not be presented within a frame on the Web site. 7starsdubai.com has not verified the contents of such third party sites and does not endorse, warrant, promote or recommend any services or products, that may be provided or accessed through them or any person or body which may provide them. 7starsdubai.com has not issued or caused to be issued any advertisements which may appear on these Web sites. We do not review, monitor or endorse any third party web sites linked to Our Site and We are not responsible for the content of any web site linked to Our Site. Your access to any web site that links to Our Site is at your sole risk. We are not responsible for the information, material, products, or services contained on or accessible through such other web sites and will not be liable for any form of loss or damage arising as a result of or in connection with your visits to such web sites. Any links to other web sites are provided merely for the convenience of the users of this Site and the inclusion of these links does not imply an endorsement of the linked web sites or the content therein. In addition, you agree not to link your web site or any other third party web site to Our Site or frame Our Site as part of any other web site without Our express prior written consent. We reserve the right, at any time and for any reason not prohibited by law, to deny permission to anyone to link a web site to, or frame, Our Site. We reserve the right to withdraw Our consent at any time to a link to, or framing of, Our Site at Our sole discretion without notice. Your use of this Site and the operation of these Terms and Conditions shall be governed by and construed in accordance with the laws and regulations of and applicable in Germany You agree, acknowledge, and submit to the Court in Germany having non-exclusive jurisdiction over all and any dispute or difference between us arising out of or in connection with this Agreement. Please review these Terms and Conditions carefully before using this Site. Your use of this Site indicates your irrevocable agreement to be bound by these Terms and Conditions (as may be amended by Us from time to time). If you do not agree to be bound by these Terms and Conditions please stop accessing and using this Site immediately. Warning: We are aware that several times Cybercriminals mirrowed our Website and posted on several Forums, Website comments by misuse of our email adresses. These Cybercriminals registerd several similar looking Domains and installed several 1:1 mirrowed Websites which look like our Website 7starsdubai. We have already taken the necessary steps by filing criminal complaints against the Individuals behind this Identity theft an Cybercrime, by misusing fraudulently our Blog Identity 7starsdubai. In Search engines like Google, Yahoo, Bling and others you should always take a close view to the links. If this links do not originaly start with www.7starsdubai.com or http://7starsdubai.worpress.com/.... you will end on a faked mirrowed modificated Website. The genral Background of this Cybercriminals is a Stalking and Smear campaign, faking stories for their personal use, to discriminate Persons with the goal to destroy their reputation.
  • RSS ZDF Heute Germany

    • Untitled
    • AfD beschließt: "Islam gehört nicht zu Deutschland"
      Parteitag in StuttgartKeine Minarette und Muezzin-Rufe: Nach hitziger Debatte schreibt die AfD ihren klaren Anti-Islam-Kurs im Parteiprogramm fest. Auf ihrem Parteitag in Stuttgart stimmten die Mitglieder mit großer Mehrheit für die Formulierung "Der Islam gehört nicht zu Deutschland".Video AfD-Parteitag in StuttgartVideo AfD - RichtungsstreitInter […]
    • Daten von AfD-Parteitags-Teilnehmern veröffentlicht
      Parteitag in StuttgartLinke Aktivisten haben auf ihrer Website die Daten der mehr als 2.000 Teilnehmer des AfD-Parteitags in Stuttgart veröffentlicht. Die Daten umfassen die private Wohnadresse, Handynummer, Geburtsdatum und Email-Adresse der AfD-Mitglieder.Video AfD-Parteitag in StuttgartVideo AfD - RichtungsstreitInteraktiv Politbarometer
    • Obama scherzt über Trump, andere und sich selbst
      Obamas Korrespondenten-Dinner Rhetorische Spitzen gegen Trump und viel Selbstironie: Barack Obama ist zum letzten Mal als Gastgeber und Redner beim alljährlichen Korrespondenten-Dinner in Washington aufgetreten. Der US-Präsident bewies zum wiederholten Mal, dass ein Komödiant in ihm steckt.Video Obama ruft zur Einigkeit aufVideo Obamas Beziehung zu EuropaVid […]
    • Steinmeiers Flieger: Vollbremsung in Tegel
      Reifen geplatztDer Flieger war schon kurz vor dem Abheben - dann musste der Pilot eine Vollbremsung machen: An der Regierungsmaschine von Außenminister Frank-Walter Steinmeier ist beim Start in Tegel ein Reifen geplatzt. Zu Schaden kam niemand.
    • Strom knapp: Venezuela stellt Uhren vor
      Stromkrise in VenezuelaIn Venezuela gehen die Lichter aus: Das wichtigste Kraftwerk produziert immer weniger Strom, weil kaum noch Wasser durch die Turbinen fließt. Verzweifelt verordnete die sozialistische Regierung eine Zeitumstellung, um Energie zu sparen. Nicht das einzige Problem in dem Land - es kriselt an allen Ecken.Video Venezuela: Ausrevolutioniert […]
    • Weitgehend friedliche Demos in Hamburg und Berlin
      Hamburg und BerlinDie Proteste in Berlin und Hamburg sind in der Nacht zum 1. Mai weitgehend friedlich geblieben. In beiden Städten flackerte am Samstag nur am Rande von linken Demonstrationen vereinzelt Gewalt auf. In Hamburg griffen etwa 50 Demonstranten Polizisten an, es flogen vereinzelt Steine und Flaschen.
    • Die neue Macht der Arbeitnehmer
      Tag der ArbeitWenn dein starker Arm es will, stehen alle Räder still – so hieß die Kampfansage der Arbeiterbewegung. Dann kam eine Zeit, in der sich Unternehmer die Besten aus einem Heer von Bewerbern picken konnten. Das hat sich in Deutschland radikal geändert, sagt  Arbeitsmarkforscher Enzo Weber im heute.de-Interview.Video Arbeit: Glück statt GeldVideo Je […]
    • Tote und Verletzte bei Autobomben-Anschlag
      Explosion in der TürkeiBei einem Autobombenanschlag auf eine Polizeiwache in der südosttürkischen Stadt Gaziantep ist ein Polizist getötet worden. 19 Beamte und vier Zivilisten seien bei dem "heimtückischen Angriff" am Sonntag verletzt worden, teilte das Amt des Gouverneurs mit.
    • Kerry will Waffenruhe für ganz Syrien
      Bürgerkriegsland SyrienUS-Außenminister John Kerry fordert die Rückkehr zur Waffenruhe im Bürgerkriegsland Syrien. Im Fokus steht dabei die umkämpfte Stadt Aleppo. Heute reist Kerry nach Genf, um sich für die Feuerpause einzusetzen. Außenminister Steinmeier hat für Mittwoch zu einem Spitzengespräch nach Berlin eingeladen.Video "Situation wieder verschär […]
    • Abgesägt - Stadtbäume in Not
      planet e.Kahlschlag in den Städten: Wohnungsbau und Flächenversiegelung verdrängen immer mehr Bäume. Umweltaktivisten befürchten, dass Städte zu Betonwüsten und dadurch immer heißer werden.Video Die ganze Sendung
    • Watzke zu Pfiffen gegen Hummels: "Grenze erreicht"
      BundesligaBVB-Geschäftsführer Hans-Jochim Watzke geht mit den Fans ins Gericht, die den wechselwilligen Kapitän Mats Hummels ausgepfiffen hatten: "Wenn einige wenige ihn persönlich beleidigen, dann akzeptiere ich das überhaupt nicht. Da ist irgendwo dann eine Grenze erreicht."Livecenter Alle Spiele, alle Tore Interaktiv sportstudio-Tipp
    • Zirkuslöwen aus Südamerika fliegen ins Paradies
      Neuanfang in AfrikaIn südamerikanischen Zirkussen gingen 33 Löwen durch die Hölle. Nun wurden sie per Flugzeug nach Südafrika gebracht. Die Maschine mit den Großkatzen an Bord landete sicher in Johannesburg. Die Löwen wurden in Kisten auf Lastwagen verladen, die sie in den Naturschutzpark Emoya Big Cat brachten.Video Nairobi: Löwen im WohngebietVideo Löwe au […]
    • Untitled
    • Reifen geplatzt: Steinmeier-Flugzeug muss Start abbrechen
      01.05.16 15:04 | Pech für Außenminister Frank-Walter Steinmeier: Beim Start zu einer AfrikaReise ist am Sonntag in Berlin-Tegel bei Steinmeiers Regierungsflugzeug einer der Reifen geplatzt. Der Airbus A340 musste kurz vor dem Abheben auf der Startbahn eine Vollbremsung machen. Verletzt wurde niemand. Die Maschine stand dann minutenlang auf der Startbahn, die […]
    • Auseinandersetzungen bei Demos von Linken und Rechten in Plauen
      01.05.16 14:46 | Rechtsextreme und Linke haben sich im sächsischen Plauen gewalttätige Auseinandersetzungen geliefert. Die Polizei sprach von einem "massiven Gewaltausbruch". Sowohl von Linken wie auch von Rechten habe es Angriffe gegen Polizisten gegeben, so ein Polizeisprecher. Wasserwerfer wurden eingesetzt. Zuvor waren gegen einen Aufmarsch von […]
    • Steinmeier warnt Österreich vor Brenner-Schließung
      01.05.16 14:27 | Bundesaußenminister Steinmeier (SPD) hat Österreich vor den Folgen einer möglichen Schließung des Brenner-Passes gewarnt. "Die Auswirkungen einer solchen Schließung wären auch für Österreich dramatisch", sagte der SPD-Politiker der italienischen Zeitung "La Repubblica". Die Entscheidungen des Landes würden mehr vom Wahlka […]
    • William und Kate präsentieren neue Fotos von Charlotte
      01.05.16 14:07 | Kurz vor ihrem ersten Geburtstag hat der britische Kensington-Palast neue Fotos von Prinzessin Charlotte veröffentlicht. Die Aufnahmen habe ihre Mutter Kate, die Herzogin von Cambridge, im April auf ihrem Landsitz gemacht, heißt es in einem veröffentlichten Statement des Palasts. Prinz William und Kate seien sehr glücklich, diese wichtigen F […]
    • Tag der Arbeit: Demonstranten stören Auftritt von Justizminister Maas
      01.05.16 13:49 | Mit Trillerpfeifen und Buh-Rufen haben Demonstranten in Zwickau den Auftritt von Bundesjustizminister Maas (SPD) bei einer Kundgebung zum Tag der Arbeit gestört. Nach Gewerkschaftsangaben handelte es sich um eine Gruppe rechter Demonstranten. Die Bühne musste von der Polizei geschützt werden. Tätliche Auseinandersetzungen gab es keine. Die D […]
    • Highlight
      Heiter in nördlichen Hälfte, bis 20 Grad

Shahram Zadeh filed lawsuit against Sheikh Maktoum Al Fajer Properties Dubai

original source ABC News by Barbara Surk

DUBAI, United Arab Emirates — In this Gulf city-state, two things have long been untouchable: business interests and the ruling family. However, an attempt to sue a member of the family over an alleged financial swindle is a sign of how much the economic crisis has rattled business as usual here.

Shahram Abdullah Zadeh accuses the brother-in-law , Sheikh Hasher Maktoum Al Maktoum, of Dubai’s emir, illegally of taking over his real-estate firm Al Fajer Properties and having him detained by police to help the swindle.

Zadeh, a 37-year-old Iranian national who has lived in Dubai all his life, brought a civil case against the brother-in-law and his son Sheikh Maktoum Hasher Maktoum Al Maktoum to get his firm Al Fajer Properties back, a rare move. Even more surprising, Shrahm Zadeh tried to raise criminal charges, but that step went nowhere because prosecutors rejected it.

The case has raised questions about whether Dubai really is what it claims to be: A boomtown where international businessmen can safely invest and turn a profit; or rather, a nest of cronyism and connections where royal blood can still trump entrepreneurial effort.

Such questions were largely ignored by everyone – businessmen and politicians alike – as long as the cash was rolling in during Dubai’s stunning expansion over the past decade. But now the emirate has hit the skids in the world financial crisis.

“During the boom, Dubai’s shortcomings were glossed over, but now that the economy is struggling, it’s becoming a different story,” said Christopher Davidson, an author of two books on the United Arab Emirates and a lecturer at Durham University in Britain.

Dubai’s emir, Sheik Mohammed bin Rashid Al Maktoum, led the emirate’s vast financial ambitions. But business ran far ahead of the effort to modernize legislation in what remains a traditional Arab monarchy, where the ruler and his family hold final say.

Now the government has been trying to rein in some fast-and-loose business practices. About a dozen former executives are in custody for various investigations. Some have close ties to the government, but none of those in custody are related to the ruling family.

Zadeh’s case goes farther – breaking to taboo of questioning Dubai’s leadership. Zadeh says he’s a victim of a system in which the rulers can manipulate police and the courts to protect their business.

“If Dubai cannot provide security for foreign investors, they might as well switch off all the lights,” he said.

Attempts over the past weeks by The Associated Press to contact the brother-in-law, Sheikh Hasher Maktoum bin Juma’a Al Maktoum, were unsuccessful. Hasher Maktoum Al Maktoum and his company attorneys did not return repeated phone calls or respond to interview requests.

In the first session of Zadeh’s civil case, Hasher Maktoum Al Maktoum and his lawyers failed to appear. In the second a week ago, his lawyer asked the court for more time to study the allegations. The case is to resume May 4.

Zadeh and the Sheikh Maktoum Hasher Al Maktoum went into business in 2004. Foreigners are allowed to deal in property only after finding an Emirati sponsor to officially register a company. The usual practice is for the Emirati sponsor to give his signature for an annual fee or profit share. Several members of the sprawling ruling family are involved in such deals.

Zadeh set up a firm, Al Fajer Properties, and was chief executive while Sheikh  Hasher Maktoum Al Maktoum held the trade license. The firm was profitable and is now worth about $2 billion, according to Zadeh. But the partnership soured over delays in building a commercial tower, Juemirah Business Centre.

Zadeh said in an affidavit to Dubai’s attorney general that he was arrested in February 2008 and held for 60 days. He says he was never charged with any crime but was questioned over his business – including the combination of his safe.

While Zadeh was in detention, Sheikh Hasher Maktoum Al Maktoum took over the company Al Fajer Properties by appointing his son Sheik Maktoum Hasher Maktoum Al Maktoum as chief executive, ousting Zadeh, according to Zadeh’s filing.

When he was released, Zadeh says he found his office safe had been cleaned of documents showing he was the owner of Al Fajer Properties and Hasher Maktoum Al Maktoums partner.

Zadeh also says police tried to push him to sign a document saying he had no connection to Al Fajer Properties. He submitted to the court

Al Fajer documents listing him as CEO and transactions that his lawyers contend show he was the sole investor. The Associated Press was given a copy.

Sheikh Hasher Maktoum Al Maktoum  “thought he could do it all because he’s a Sheik,” Zadeh said.

Police refused to comment on whether Zadeh was detained. Shahram Zadeh says they continue to hold his passport and so far he has had little luck pushing his claims.

He submitted a criminal complaint but the attorney general refused to investigate, giving no reason.

Zadeh then filed a complaint directly to Dubai’s emir, who holds what is called the Ruler’s Court. Residents can bring to the emir what they believe are injustices unaddressed by the courts – from disputes over money to wrongful deaths.

Zadeh says he has received no response.

see also: Terahn Times

More: Al Fajer Properties DubaiJumeirah Business CentreEbony Ivory Towers Dubai

One Response to “Shahram Zadeh filed lawsuit against Sheikh Maktoum Al Fajer Properties Dubai”

  1. Rado said

    More about the Maktoum clan you find in the book “Dubai The Maktoum Story” by John M. Smith. Now also in the US & India.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: