Press Releases

Year

Quarter

17-02-2020 Press Statement

A statement from Drake and Scull International PJSC

Refuting Kahldoun Tabari Claims

 

 

17 Feb 2020: In reference to the press statement issued by Mr. Khaldoun Tabari on February 5, 2020, Drake and Scull International PJSC would like to refute Mr. Tabari’s claims that the allegations against him are “unwarranted commercial claims and not criminal complaints.” His press statement lacks credibility and is not supported by evidence.

 

The company has previously confirmed the accuracy of the news published by several media outlets regarding Mr. Tabari’s arrest by Jordanian authorities following an Interpol red notice, the result of an international arrest warrant filed by Abu Dhabi authorities on December 25, 2019.  

 

As a result, the General Directorate of Federal Crime Security (International Criminal Cooperation Department) addressed a letter on January 5, 2020 to the Director of the Wanted and Criminal Records Department, declaring that Mr. Tabari was wanted by UAE authorities for the charges of misappropriation, fraud, embezzlement, intentional damage to public funds, profiteering and forgery.

 

On January 8, 2020 Mr. Khaldoun Tabari was arrested at Queen Alia International Airport in Amman as he was catching a flight to London, and subsequently was transferred to the Criminal Court Judge in Amman following an Interpol red notice. In that notice, Interpol informed the judge that Khaldoun Tabari was wanted by the United Arab Emirates on charges of misappropriation, fraud, embezzlement, intentional damage to public funds, profiteering and forgery; and was transferred in handcuffs. As a result, he was banned from travelling and surrendered his passport.

 

A criminal case was registered against him by the public prosecutor under reference no. (5-3-799/2020 Public Records), and it is currently under review by the criminal court under the label of “Arrest of an accused fugitive”.  Furthermore, he has another criminal case registered under reference no. (5-3-14252/2019 Public Records) and currently under review by the criminal court labeled under “bounced cheque against no balance”.

 

Furthermore, the competent judicial authorities in the United Arab Emirates are coordinating with relevant judicial authorities in Jordan to extradite Mr. Khaldoun Tabari and try him before the UAE justice system.

 

As for Mr. Tabari’s claims of innocence and insistence that he can refute all charges against him through documents in his possession, the company invites him to present any evidence he has and welcomes the opportunity to face him in UAE court.

 

Moreover, we highlight that Khaldoun Tabari and his daughter Zeina Tabari were not absolved by the Annual General Assembly of the company, held in April of 2018.

 

We would like to point out that the UAE authorities issued a travel ban against Mr. Tabari on May 31, 2018, and the Central Bank issued a circular to seize his and his wife’s UAE bank accounts following the Public Fund Prosecutor’s order on June 4, 2018. Furthermore, all properties registered in the UAE under Mr. Tabari and his wife Mrs. Rula Khartabeel were also seized.

 

Secondly, further criminal complaints were filed against Mr. Tabari and his daughter Mrs. Zeina Tabari in Jordan, filed under case no. 9994/2019, resulted in the following criminal charges:

 

  1. A felony for committing fraud in the business of selling, buying, or managing movable or immovable property for the state or for a public administration account in relation to the defendant Khaldoun Tabari,

  2. A felony for committing a fraud in the business of selling, buying, or managing movable or immovable money for the state’s account or for a management account Generally, for the defendant Zeina Tabari,

  3. The misdemeanor of abuse of trust for the defendant Khaldoun Tabari,

  4. The misdemeanor of interference to abuse trust for the defendant Zeina Tabari. A criminal ruling was also issued against Zeina Tabari in Dubai under case No. 9260/2018 dated October 15, 2018 for presenting a cheque with no balance, and was sentenced to 4 months in prison.

 

Lastly, we would like to unequivocally refute Tabari’s claims that the current management of the company is “employing (unethical intimidation tactics) aimed at family members, former associates and friends”. The company would like to confirm that all previously issued press statements are true and supported by evidence and documents, and not hearsay. The company filed criminal complaints against Mr. Tabari, his daughter Zeina, some of his family members, relatives and former board members.

 

It is the company’s duty to protect the rights of the shareholders who trusted it and invested in it. Drake and Scull International will pursue everyone who was involved and is proven guilty of jeopardizing in any manner the best interests of the shareholders and undermining their trust in the Company. The Board of Directors is working diligently to restore the shareholders’ rights and put the company back on track.





04-02-2020 Drake & Scull International completes two key projects in Kuwait

Drake & Scull International

completes two key projects in Kuwait

 

Dubai, UAE, 04 February 2020: Drake & Scull International PJSC (DSI) announced today that its Kuwaiti subsidiary, Drake & Scull for Electrical Contracting (DSI Kuwait), has successfully completed major engineering and construction projects on the country’s Sheikh Saad Al-Abdullah Al-Salem Al-Sabah Indoor Sports Complex and Sabah Al-Salem University City.

Under the terms of its AED 71 million electromechanical engineering contract with the Sheikh Saad Al-Abdullah Al-Salem Al-Sabah Indoor Sports Complex, DSI Kuwait was responsible for supplying, installing and connecting fire alarms and sprinklers; heating, ventilation and air conditioning (HVAC); telephones, internet and satellites; and a state-of-the-art scoreboard. The Sheikh Saad Al-Abdullah Al-Salem Al-Sabah Indoor Sports Complex was officially inaugurated on January 16, 2020 during the opening ceremony of the 19th Asian Men's Handball Championship, supported and attended by His Highness Sheikh Sabah Khalid Al-Hamad Al-Sabah, Prime Minister of Kuwait.

On January 29, 2020, DSI Kuwait completed the final phase of its AED 200 million contract initiated in 2019 on Sabah Al-Salem University’s College of Arts and Education. The project comprised plumbing, fire alarm and HVAC systems as well as the supply, installation, testing, commissioning and maintenance of all the building’s electromechanical works.

Commenting on the completion of the projects, DSI chairman Shafiq Ahmed Saleh Abdelhamid said, "These two key projects demonstrate DSI Kuwait’s strong capabilities in executing complex, high-quality work. We thank our Kuwaiti partners for their trust and cooperation and look forward to continuing to deepen and expand our presence in the Kuwaiti construction sector, thereby contributing to the country’s economic growth and development.”

Since Drake & Scull for Electrical Contracting (DSI Kuwait) established itself in Kuwait in 2004, the company has completed major construction and engineering work on the Public Authority for Applied Education and Training center, the Nursing Institute, the British Industries’ Printing and Packaging Company in Shuwaikh, the College of Basic Education (Boys) - Al-Ardiya Building, the Kuwait Chamber of Commerce and Industry headquarters, the State Audi bureau of Kuwait, the Public Institution for Social Security Building in Kuwait City , and the building of the Department of Immigration in Al-Dajeej and Nasser Tower.





30-01-2020 Press Statement

 
Press Statement
Drake & Scull International
 
  • DSI files new criminal complaints against Khaldoun Tabari, family members and former executive
managers of Drake & Scull International PJSC with the Abu Dhabi Public Funds Prosecutor’s office.
  • Khaldoun Tabari has already been charged with misappropriation, fraud, embezzlement,
intentional damage to public funds, profiteering others and forgery.
  • DSI has also filed criminal complaints against Khaldoun Tabari and Zeina Tabari in Jordan.
 
29 January 2020: The Abu Dhabi Public Funds Prosecutor is investigating new criminal complaints filed by 
Drake & Scull International PJSC (DSI) against its former Chief Executive Officer and Vice Chairman 
Khaldoun Tabari, family members and other former executive managers. 
 
Responding to 15 prior criminal complaints filed by DSI, the Abu Dhabi Public Funds Prosecutor has charged 
Khaldoun Tabari for misappropriation, fraud, embezzlement, intentional damage to public funds, 
profiteering others and forgery.
 
The Company has been pursuing legal action against Khaldoun Tabari to get him extradited to the UAE 
following his arrest by Jordanian authorities at Queen Alia International Airport in Amman. 
The arrest followed an International arrest warrant filed by UAE authorities against Tabari that resulted
 in an Interpol red notice issued January 7 2020. DSI recently confirmed media reports regarding the arrest. 
 
DSI has also filed a criminal case against Khaldoun Tabari and Zeina Tabari in Jordan.