A Dubai court has ordered a man to repay Dh2.25 million to a former friend who lent him the money during a financial crisis, in a case that highlights how personal trust can sometimes lead to legal disputes.
The Civil Court of First Instance ruled that the defendant must return the money after it was proven that the sum had been transferred to his bank account and that he failed to provide any legal justification for retaining it.
Court documents showed that the two men had shared a close friendship before the defendant approached the claimant seeking financial help to support his business during a period of difficulty.
Trusting the relationship, the claimant agreed to help and arranged the funds by withdrawing the amount from his wife’s bank account, which he was legally authorised to manage through an official power of attorney.
for more, visit : https://thelawreporters.com/du....bai-court-orders-man
#legalnews #legaldisuptes
