Dubai Bank Accused of Extending British Businessman's 30-Year Prison Sentence
A 71-year-old British businessman, Ryan Cornelius, is serving a 30-year prison sentence in Dubai, with his release date set for 2038. According to his brother-in-law Chris Pagett, the Dubai Islamic Bank (DIB) played a significant role in extending Cornelius's sentence, which was initially given in 2011.
Cornelius was convicted of defrauding the bank in 2011 and was ordered to repay $432 million. However, the bank has seized all of his assets, including a property development worth more than $3 billion. The bank claims that it acted according to Islamic principles, but Pagett disputes this, arguing that the bank did not follow standard procedures for foreclosure.
Cornelius's family is hoping that a letter signed by 146 British parliamentarians will prompt Dubai to show clemency. The MPs are urging the Emir of Dubai to grant a pardon and end Cornelius's prolonged detention. A similar appeal last year brought no response from the UAE, but the new letter may spark change.
The case highlights concerns about Sharia banking law in the UAE, with Pagett arguing that the bank did not follow established procedures for foreclosure. He says that the bank should have sold the property within a stipulated time frame and netted off the amount owed to Cornelius.
The Dubai Islamic Bank claims to be the trailblazer in championing Islamic values in banking, but its actions have raised eyebrows. The bank's pre-tax profit reached £2.01 billion in the first 10 months of this year, with assets reaching £82 billion.
Cornelius was originally detained and placed in solitary confinement for six weeks. He was put on trial for fraud in 2010 and initially sentenced to 10 years in prison. However, his sentence was extended by a further 20 years in 2018 at the request of the bank, citing Islamic law that extends prison sentences for convicts who fail to return proceeds of fraud.
The UN working group on arbitrary detention has decided that Cornelius is being arbitrarily detained, noting that the extension of his initial sentence had been made by a judge at a closed-doors hearing.
A 71-year-old British businessman, Ryan Cornelius, is serving a 30-year prison sentence in Dubai, with his release date set for 2038. According to his brother-in-law Chris Pagett, the Dubai Islamic Bank (DIB) played a significant role in extending Cornelius's sentence, which was initially given in 2011.
Cornelius was convicted of defrauding the bank in 2011 and was ordered to repay $432 million. However, the bank has seized all of his assets, including a property development worth more than $3 billion. The bank claims that it acted according to Islamic principles, but Pagett disputes this, arguing that the bank did not follow standard procedures for foreclosure.
Cornelius's family is hoping that a letter signed by 146 British parliamentarians will prompt Dubai to show clemency. The MPs are urging the Emir of Dubai to grant a pardon and end Cornelius's prolonged detention. A similar appeal last year brought no response from the UAE, but the new letter may spark change.
The case highlights concerns about Sharia banking law in the UAE, with Pagett arguing that the bank did not follow established procedures for foreclosure. He says that the bank should have sold the property within a stipulated time frame and netted off the amount owed to Cornelius.
The Dubai Islamic Bank claims to be the trailblazer in championing Islamic values in banking, but its actions have raised eyebrows. The bank's pre-tax profit reached £2.01 billion in the first 10 months of this year, with assets reaching £82 billion.
Cornelius was originally detained and placed in solitary confinement for six weeks. He was put on trial for fraud in 2010 and initially sentenced to 10 years in prison. However, his sentence was extended by a further 20 years in 2018 at the request of the bank, citing Islamic law that extends prison sentences for convicts who fail to return proceeds of fraud.
The UN working group on arbitrary detention has decided that Cornelius is being arbitrarily detained, noting that the extension of his initial sentence had been made by a judge at a closed-doors hearing.