An Icelandic yacht builder whose case against a customer is currently being heard in Dubai’s Criminal Court denies using false documents to discredit his former client’s case.
The court heart that the yacht builder, unnamed in the media, had been searching for a sponsor in the United Arab Emirates in 2008 in order to start a yacht manufacturing company in Abu Dhabi. The unnamed potential sponsor, an Emirati, offered to be the company’s sponsor if the Icelandic ship builder first presented him with a yacht.
According to the court documents, the yacht builder sent the Emirati a yacht worth Dh4 million ($1.089 million), but in return the yacht maker received no documents to begin the sponsorship process.
In 2010, a court ordered the Emirati to pay the Icelandic yacht maker Dh4 million for not returning the yacht and for reneging on the promise to become the company’s sponsor. However, after the verdict was given, the Icelandic man was charged with forging one of the documents he used in his battle with the Emirati.
While it is unknown at the present time which document was allegedly forged, the boat builder denied the charges in court on August 26th. Judge Hamad Abdul Latif, after ordering the Icelandic man to surrender his passport and pay a financial guarantee of Dh 50 000 ($13, 612), released him on bail. The case has been adjourned to September 29th.