7StarsDubai

Dubai UAE News from the Press Property Market Disaster and More

  • February 2015
    M T W T F S S
    « Dec    
     1
    2345678
    9101112131415
    16171819202122
    232425262728  
  • 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

    • 417,085 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
    • Eine allerletzte Chance für Griechenland
      Debatte zu Griechenland-HilfeLieber Wähler, wir haben Bauchschmerzen und die Athener Regierung nervt uns auch, aber Griechenland bekommt noch eine allerletzte Chance. Dieses Signal wollten die Abgeordneten heute bei der Debatte im Bundestag senden. Am Ende geben sie Athen trotzdem mehr Zeit - und läutet die nächste Runde ein.Interaktiv Zweifel an ReformenVid […]
    • Schäuble mahnt Griechenland zu mehr Verlässlichkeit
      Griechenland-HilfeMit Mehrheit hat der Bundestag das Hilfsprogramm für Griechenland verlängert. In der Debatte machten aber viele Abgeordnete klar, dass sie der griechischen Regierung nicht ganz trauen. Varoufakis' Reformliste war absichtlich schwammig, heißt es nun aus Athen.Video Bundestag vor Athen-EntscheidungVideo Syriza: "Wollen im Euro bleib […]
    • Große Zweifel an Umsetzung der griechischen Reformliste
      PolitbarometerEine Mehrheit der Deutschen bezweifelt, dass die griechische Regierung die Sparmaßnahmen und Reformen umsetzen wird. Das zeigt das ZDF-Politbarometer. Dabei halten 54 Prozent die Sparvorgaben der EU für richtig.Interaktiv Klicken Sie sich durch die ZahlenVideo Griechische ReformversprechenVideo Berlin: Hitzige Debatte um Pkw-Maut
    • Von der Leyen: Mehr Panzer für die Bundeswehr
      Reaktion auf Ukraine-KriseVerteidigungsministerin Ursula von der Leyen (CDU) verstärkt als Reaktion auf die Ukraine-Krise die Panzertruppe der Bundeswehr. Zudem sollen die Einheiten wieder mit mehr Material ausgerüstet werden - eine Abkehr von der jüngsten Bundeswehr-Reform sieht sie darin nicht.Video NATO berät über SchnelleingreiftruppeVideo NATO im Osten […]
    • Kampf um die "Jeanne d'Arc der Ukraine"
      Ukrainische Pilotin im HungerstreikSeit Mitte Dezember ist die ukrainische Pilotin Nadija Sawtschenko im Hungerstreik in einem russischen Gefängnis. Die 33-Jährige ist für viele - Ukrainer und Russen - die Symbolfigur des Ukraine-Konfliktes. Moskau wirft ihr dagegen zweifachen Mord an Journalisten vor.Video Mariupol im BlickpunktVideo Estland: Wirbel um Gren […]
    • Netzneutralität: FCC verbietet Überholspuren im Netz
      NetzneutralitätKein Zwei-Klassen-Internet: Die US-Telekommunikations-Aufsicht FCC verbietet bezahlte Überholspuren im Internet. Künftig sind Gebühren fürs schnellere Durchleiten tabu - zumindest in den USA.Video Schnelles Internet für alleVideo Schnelles Web bis 2018Video Netzneutralität - was heißt das?
    • Junge Mädchen sind fasziniert vom IS
      Erfüllung und Liebe?Der Großteil der westlichen Kämpfer, die sich dem IS anschließen, sind junge Männer. Doch auch junge Mädchen zieht es nach Syrien, manche erst 15 Jahre alt. Viele von ihnen hoffen, im Dschihad die große Liebe zu finden.Video IS zerstört KulturschätzeVideo Terror im Namen Allahs
    • Wintersport live
      Verpassen Sie nichts!Bei der Zweierbob-WM in Winterberg will Francesco Friedrich seinen Titel verteidigen. Außerdem sind bei der nordischen Ski-WM die Langlauf-Staffeln der Männer unterwegs.Livestream Ab 13 Uhr: Nord. Ski-WM und Bob-WMInteraktiv Immer dabei im Liveticker!Quiz Testen Sie Ihr Wintersport-Wissen
    • Ein Kleid spaltet die Netz-Welt
      Blau und schwarz - oder weiß und gold?Welche Farben hat dieses Kleid? Weiß und gold – oder blau und schwarz? Darüber ist im Internet eine Debatte rund um den Globus ausgebrochen. Auch Prominente streiten über das zweifarbige Teil – Sängerin Taylor Swift sieht blau, TV-Sternchen Kim Kardashian weiß.
    • Der Kühlschrank greift an
      Internet der DingeVernetzte Alltagsgeräte sollen das Leben erleichtern. Doch ihre Hersteller schlampen bei der Sicherheit. Hacker kapern die Geräte und nutzen sie für ihre Zwecke. Die Geräte müssen sicherer werden, fordern Experten – bislang allerdings ohne Erfolg.Bild Internet-KühlschrankVideo Verflixte Vernetzt-WeltVideo Vernetzt und doch einsam?Video Die […]
    • Punk-Protest im Weißen Haus
      Pussy Riot bei "House of Cards“Intrigen, Erpressung und das politische Tagesgeschäft in Washington: Die US-Polit-Serie "House of Cards" hat ein Millionen-Publikum. Jetzt startet die dritte Staffel, die mit einem Auftritt der russischen Punk-Aktivistinnen von Pussy Riot zur Bühne für politischen Aktivismus wird.Bilderserie Punk gegen PutinVideo […]
    • Ultra-Orthodoxe und der Sex: "Heiliges Sperma"
      Jüdischer AufklärungsfilmOri Gruder ist ultra-orthodoxer Jude und hat eine Dokumentation über Sexualität gedreht, über die Pubertät und das Masturbieren. Der Tabubruch macht den Film populär.Video Heiliges SpermaVideo Papst berät mit Bischöfen über EheVideo Jung und verliebt
    • Untitled
    • BGH: Lauteres Parkett hinnehmbar
      27.02.15 12:57 | Ein Wohnungsinhaber muss es hinnehmen, wenn der über ihm lebende Eigentümer den leiseren Teppichboden durch Parkett ersetzt. Das hat der Bundesgerichtshof (BGH) in Karlsruhe entschieden. Ein Rentner-Paar aus Travemünde an der Ostsee hat damit gegen die darüber wohnenden Eigentümer verloren. Diese hatten den alten Teppich herausgerissen und m […]
    • Kinderärzte in Berlin: Säuglinge wegen Masern-Ansteckung zu Hause lassen
      27.02.15 12:48 | Der Berufsverband der Kinder-und Jugendärzte warnt: "Wir raten Eltern davon ab, mit Säuglingen in Berlin in die Öffentlichkeit zu gehen", so Sprecher Sean Monks. Die Ansteckungsgefahr sei im Moment zu groß. Für Säuglinge, die Masern bekommen, bestehe das Risiko an einer chronischen Maserngehirnhautentzündung zu erkranken. Auch wenn […]
    • UNESCO fordert UN-Sondersitzung zu IS-Zerstörungen im Irak
      27.02.15 12:38 | Nach der Zerstörung einzigartiger Kulturgüter im Irak durch die Terrormiliz Islamischer Staat hat UNESCO-Chefin Irina Bokova eine Sondersitzung des UNSicherheitsrates gefordert. Dieser Angriff sei mehr als eine Kultur-Tragödie, dies sei auch eine Sicherheitsfrage, da er Sektierertum, gewaltsamen Extremismus und Konflikte im Irak schüre, begr […]
    • Bundestag bewilligt Griechenland-Hilfe
      27.02.15 12:25 | Trotz vieler Bedenken vor allem in der Union hat der Bundestag eine Verlängerung des Hilfspakets für Griechenland um vier Monate mit großer Mehrheit gebilligt. Dem Antrag stimmten 542 Abgeordnete zu - so viele wie nie zuvor bei Griechenland-Hilfen. 32 votierten mit Nein, 13 enthielten sich. Damit kann das 2012 beschlossene Programm bis Ende […]
    • USA stärken Netzneutralität
      27.02.15 12:12 | Die US-Regulierer haben die bislang schärfsten Vorschriften zur Sicherung eines gleichberechtigten Zugangs zum Internet verhängt. Die Aufsichtsbehörde FCC stimmte für neue Regeln zur Stärkung der so genannten Netzneutralität. Die Einrichtung von kostenpflichtigen Überholspuren auf der Datenautobahn wurde verboten ebenso wie das gezielte Ausb […]
    • Highlight
      Wechselhaft, neue Schauer im Westen, bis 9 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: