ABU DHABI // A bill to fight commercial fraud is under debate by an FNC sub-committee.
The council’s finance committee said commercial fraud affected the country’s economy indirectly as tracking down fraudulent and counterfeit products was consuming a sum of the country’s budget.
The committee met yesterday to discuss the 24-article bill.
They found that commercial fraud was one of the biggest challenges threatening the stability of the regional market – including the UAE – and carries a number of threats on consumers’ health and safety.
The Government has witnessed major strides in passing legislation in this field and has established a number of entities on the local and federal level to fight these crimes.
A former 1979 law on fraud will be replaced by the new bill. The Ministry of Economy said the 1979 law is no longer applicable and a new law is required that would also comply with international standards.
After debating the first article, the committee decided to continue discussions at their meeting next week.
osalem@thenational.ae
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
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Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
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Herc's Adventures
Developer: Big Ape Productions
Publisher: LucasArts
Console: PlayStation 1 & 5, Sega Saturn
Rating: 4/5
The specs
A4 35 TFSI
Engine: 2.0-litre, four-cylinder
Transmission: seven-speed S-tronic automatic
Power: 150bhp
Torque: 270Nm
Price: Dh150,000 (estimate)
On sale: First Q 2020
A4 S4 TDI
Engine: 3.0-litre V6 turbo diesel
Transmission: eight-speed PDK automatic
Power: 350bhp
Torque: 700Nm
Price: Dh165,000 (estimate)
On sale: First Q 2020
