MUSCAT: An accountant with access to his company’s bank accounts embezzled more than OMR 113,000.
In a statement issued to Muscat Securities Market (MSM), on Monday, Oman and Emirates Investment Holding Company revealed that after reviewing the company’s bank account statements, it found that the accountant had “committed forgery and fraudulently embezzled an amount of OMR 113,392-400(One hundred and thirteen thousand three hundred ninety-two riyals and four hundred baisas).”
“The Company is pursuing recovery of the embezzled sums in coordination with the investigation authorities of the ROP,” the statement added.
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