First verdict on embezzlement issued [Archives:2005/843/Local News]

The Sana”a specialist court issued last Saturday a verdict concerning cases of piracy and the embezzlement of money from Canadian Nexen Petroleum Company with the use of electronic methods.

The second case is the first of its kind to be dealt with by the Yemeni judiciary. The court acquitted two of the suspects involved in the money embezzlement. The court also ended the cases of four other suspects according to the amnesty issued by President Saleh ,on condition they should pay back the embezzled money estimated at $300,000. The money was deposited at one of the Malaysian banks.

The case emerged last year when Canadian Nexen Petroleum Company accused six people including four Yemeni brothers of stealing $3million from the head-office of the company in the United States of America.

One of employees in the accounting department of the company in Yemen, was suspected of decoding the password of the company”s head-office.
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