Gulf News

Bank’s debt collector jailed over car misuse

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The

Dubai Court of First Instance sentenced a bank’s debt collector to six months in jail for seizing for himself a mortgaged Jaguar that was deserted by its buyer, who fled the country after defaulting on his car loan.

As part of the bank’s procedures, the 2013 model Jaguar worth Dh193,000 was supposed to be auctioned off, but it was discovered that the car had been illegally kept by the Syrian defendant after recovering it from the Indian client’s friend. (Staff Report)

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