Bigger India

Indian Supermarket Chain In UAE Shuts; Staff, Suppliers Left In The Lurch

Local sponsor says the managing director fled the country leaving debts amount to millions of dirhams.

An Indian supermarket chain in the UAE has shut down without notice after its owner allegedly fled the country leaving in the lurch hundreds of employees and suppliers, media reports say.

The Emirati sponsor, suppliers, and employees of Ajman-headquartered Al Manama Group have alleged that managing director of the group Abdul Khadar Sabeer left the UAE two months ago with millions of dirhams unpaid in salaries and other dues, a report in Dubai-based Gulf News said.

Read it at IB Times

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