Dubai finance director removed

 

 

 

 

 

 

http://www.meed.com/news/2009/05/dubais_finance_director_removed.html;jsessionid=E8EA5320F6B617B533351EDE44588A60?tmcsTrackingInfo=$sktJkIyFDwCc3uGR0Hl3X_CmLaYwVJLL8tSOTeo1QE9q7gRyw6fI9Hg13K8QofnEhfJmVyL9lWq$

Nasser al-Shaikh has been removed as director general of Dubai’s Department of Finance by a decree from the ruler of Dubai, Sheikh Mohammed bin Rashid al-Maktoum on 18 May.

No official reason was given for the move, which comes shortly after Al-Shaikh played a leading role in the appointment of UK investment bank Rothschild to help advise the government on the distribution of a $10bn bond received from the federal government.

On 16 May Al-Shaikh was at the World Economic Forum in Jordan where he said to the audience, “Dubai cannot live without some components of Dubai Holding and Dubai World. Of course not every single business venture they have will remain there. When you are innovative you try 10 things, five or six might work and these you keep.”

Al-Shaikh will be replaced by Abdul Rahman Saleh Mohammed al-Saleh, who was formerly executive director of Dubai Customs. Al-Shaikh has been transferred to the office of the ruler of Dubai as assistant director for external affairs.

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dubai is always a place to keep and eye on..and looks like rothschilds are doing just that..cementing their ability to manipulate countries through control of their monetary policy

401

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~ by seeker401 on May 20, 2009.