Dubai: The Dubai Islamic Bank bogus share trading case has been postponed for the fifth time since May, as the special auditing committee did not present its report as scheduled yesterday.
The special committee, which is auditing the transactions in the DIB case, was scheduled to submit its audited report to the Dubai Court of Appeal. Presiding judge Fouad Hamdoun adjourned the case until next month. Sources told Gulf News that the committee has not yet finalised the report.
A three-member committee specialised in financial markets and stock exchanges will examine the case involving trading of DIB shares on August 27 and 28, 2005.
