Icelandic Yacht Builder In Dubai Cleared Of Charges - The Reykjavik Grapevine

Icelandic Yacht Builder In Dubai Cleared Of Charges

Published November 9, 2012

An Icelandic yacht builder, who found himself entangled in a bizarre legal action made against him, has had all charges against him dropped.
The story begins in 2010, when the Icelander in question hoped to start his own yachting company in Dubai. An Emirati had approached him, offering to sponsor the company if he built him a yacht first. The Icelander complied, but no documents to begin sponsorship ever came.
It was shortly thereafter that the yacht maker launched a lawsuit against the Emirati for backing out on the deal. The court ordered the Emirati to pay the yacht maker Dh4m [about 130 million ISK]. But shortly after the verdict, the yacht maker was charged with forging an official document he was alleged to have used in the court battle.
The Icelander was released on 2 million ISK bond and surrendered his passport while the court reviewed the evidence. Good news came yesterday, as Gulf News reports the Icelanders has had all charges against him dropped.

Citing lack of corroborated evidence, the Dubai Court of First Instance acquitted the 41-year-old company owner, B.J., from Iceland, of forgery and producing the official authorization before the Judicial Department in Abu Dhabi. … “The court has dismissed the case against B.J., who is innocent of all charges. The plaintiff’s civil lawsuit has also been rejected. The plaintiff will have to pay court fees,” said Presiding Judge Ali Attiyah Saad in courtroom three on Thursday. A bright smile shined up B.J.’s face when he heard the verdict.

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