Jail term upheld for unlicensed investor who took BD80,000
He has also been ordered to repay more than BD80,000 to nine victims. The 30-year-old, employed as a sales representative, persuaded several individuals to hand over large sums in 2024.
He claimed the money would be invested in electronics and air-conditioning services.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Tribune
14 hours ago
- Daily Tribune
Bahrain Grooms Future Government Leaders Through Fellowship
TDT | Manama Applications are now open for the 11th intake of the Prime Minister's Fellowship Program, a year-long initiative designed to train and empower Bahrain's next generation of public sector leaders. The announcement was made yesterday by the Prime Minister's Office, which will accept applications until Sunday, 10 August. Government employees below managerial level are eligible to apply through the official website. Hands-On Governance The fellowship gives selected Bahraini professionals the opportunity to work directly within the Prime Minister's Office for a full year, engaging in high-level policy research, leadership development, and strategic analysis. The programme is aligned with the directives of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, who has consistently emphasised the importance of building capacity within the national workforce to drive Bahrain's development forward. Training for Impact Participants will receive structured mentorship and exposure to real-time government decision-making. According to the PMO, the skills and experience gained are intended to empower fellows to make a measurable impact once they return to their original posts in various government bodies. The initiative is part of broader efforts to embed a culture of innovation, efficiency, and accountability in Bahrain's public service.
Daily Tribune
14 hours ago
- Daily Tribune
MP proposal aims to protect Tamkeen funds
A parliamentary proposal to clamp down on misuse of wage-support funding from Bahrain's Labour Fund (Tamkeen) has been tabled by MP Mohammed Al Olaiwi. The move follows reports of some businesses registering Bahrainis purely to pocket wage subsidies without offering actual employment or meaningful job roles. In other instances, employees who should benefit fully from the scheme reportedly had part of their financial support held back unlawfully. Worrying cases MP Mohammed Al Olaiwi said: 'We've seen worrying cases of firms gaming Tamkeen's wage-support system. Bahrainis are signed up in name alone, gaining nothing in terms of real employment or career progress.' The proposal calls for better monitoring tools to confirm real working relationships exist and to ensure companies provide proper career growth and a decent working environment. 'The goal is to stop public funds being wasted and to guarantee that Tamkeen's financial backing reaches those genuinely needing it,' explained Al Olaiwi. 'Any firm caught fiddling the books or misleading the fund must be held fully accountable.' The proposals also aim to boost job security for Bahraini workers and maintain trust in Tamkeen's programmes. 'These dishonest practices weaken Tamkeen's purpose,' added Al Olaiwi. 'Firm action against misuse is the only way to maintain the public's confidence in the scheme.'
Gulf Insider
21 hours ago
- Gulf Insider
Jail Terms Upheld For Sisters In Credit Card Fraud Case
Two sisters have lost their appeal after being convicted of helping run a credit card scam, acting on instructions from a man based overseas who used them to buy and resell dozens of mobile phones using stolen card details. The Supreme Criminal Appeals Court upheld their convictions for fraud and money First High Criminal Court had earlier handed down four-year prison sentences to both women and fined them BD100,000 each. The court also ruled that they be deported after completing their sentences. Overseas Mastermind The man behind the scheme, who was prosecuted in his absence, was sentenced to six years in prison and fined BD100,000. The court also ordered the seizure of BD21,846 and 639 fils, which was traced to the proceeds of the illegal operation. Also read: Death Sentence For Killing Neighbor
