VOL. XXX
NO. 24
23-MARCH-1987
Financial and Banking News
REGIONAL BANKING
Former AMF Management Convicted of Fraud
The former senior management team at the Abu Dhabi-based Arab Monetary Fund (AMF)was last week convicted and sentenced by a local court on a wide variety ofcharges involving embezzlement and fraud. The l9-month trial resulted in heavyprison terms and fines for the former AMF President, Mr. Jawad Hashing andthree principle associates, Mr. Salih Bahr al'Ulum, formerly head of the AMF...
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