This is a very interesting thread for all who're invested in the UAE and Dubai in particular. This investment scheme was not a get rich quick scam. This was a legitimate business set up under the protection of the DIFC. The contractual conditions were broken and compensation sought under the legal jurisdiction under which the contract had been formed. Despite lengthy legal proceedings and significant cost to the directors, there has been no settlement even though the due process has been followed. What we're now left with is a scenario where this individual is protected but no government body or legal framework is empowered to take the ultimate action and enforce the ruling. Without a shadow of a doubt, this is 'Wasta' in it's most extreme form.
For those of us who feel it's not our problem, maybe it's worth spending a moment or two to ponder this. We all, in some form or other, have an investment here in Dubai. Certainly for some, this may be considerable such as financial investments or the biggest of all, a house. This court case has been a defining moment in showcasing that the law is not what it claims to be and that individuals can be above the rules and regulations that 99% of us have to follow. By us all adding to this petition, not only are we sending a clear message that the the legal process should be applied to all and upheld, but that people are prepared to fight to protect what is rightfully theirs. Even signatures from just 10% of fellow professional pilots sends a very clear and powerful message of solidarity.
Do not underestimate how important this is. it may 'only' effect 89 pilots sure but what about next time, when some random rule change could effect everyone who owns a home here. Think about that.
Harry