Bahrain Mirror: The Public Prosecutor's Office in Bahrain ordered the arrest of the unionist Ali Al-Binali in a new fraud case after complaints from citizens accusing him of appropriating large sums of money and signing debt securities in exchange for gold bars.

Ali Al-Binali, who owns a company that sells electrical appliances by installments, was offering gold bars to them, asking them to sell them however they like and use the money they receive for their own benefit, in exchange for signing a debt security amounting to over 15,000 dinars. He also deluded them to believe that the bars worth a lot, but they were shocked when they discovered that the value of a single ingot amounted to between 2,000 and 3,000 dinars, which means they signed debt securities that are worth far more than what they received in return.

The Public Prosecutor's Office began investigating these reports and summoned Al-Binali to investigate the incident and face him with these charges. It further ordered his detention on the case after he was initially charged with fraud, noting that investigations are underway.

It is worth noting that Bahraini courts have witnessed a number of cases linked to Al-Binali, who was selling devices and appliances via installments and obtaining customers' signatures for debt securities exceeding the value of the products they bought.

Arabic Version