International law firm Dechert named in another suit involving Ras Al Khaimah Ruler's wrongdoings.

M2 PRESSWIRE-May 20, 2020-: International law firm Dechert named in another suit involving Ras Al Khaimah Ruler's wrongdoings

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RDATE:20052020

Already in court over participation in alleged human rights abuses, including torture of a detainee in Ras Al Khaimah in the United Arab Emirates; Philadelphia-based law firm Dechert LLP is embroiled in another US Federal lawsuit in New York, accused of complicity in the falsification of evidence and slander in a malicious government-orchestrated campaign against American and European citizens.

Oussama El Omari, of Raleigh, North Carolina, who previously worked as Director and CEO of Ras Al Khaimah Free Trade Zone Authority (RAKFTZA) details a complex conspiracy in the claim filed in New York Federal court against multiple parties; all involved in an ongoing battle between Ras Al Khaimah Ruler Sheikh Saud and most of his family members.

In 2000, the then Ras Al Khaimah Ruler Sheikh Saqr bin Mohammed Al Qassimi appointed his son Faisal to oversee the newly created Ras Al Khaimah Free Trade Zone Authority (RAKFTZA) to help attract foreign investment to the underdeveloped and oil poor emirate. Faisal hired Oussama El Omari to lead the ambitious project, and within a few short years as CEO, El Omari succeeded in turning RAKFTZA into the "Best Emerging Free Zone"/investments agency in the world.

However, unbeknownst to El Omari, rivalries within the ruling family prior to the late ruler's death, Saud's ascension to the position of ruler was made conditional by his family on the stipulation that his younger brother Faisal would be named Crown Prince. Saud agreed, but once he took over, he levelled accusations against Faisal in order to disqualify him from the promised post and appointed his own son, Mohamed in his place. This caused a flare-up in the family. This would bring El Omari's stellar success to a screeching halt with the death of the late ruler Sheikh Saqr in 2010. Faisal's brother Saud had deposed his older half-brother as Crown Prince so after his father's death, he became ruler.

Sheikh Faisal had not only been chairman of RAKFTZA, but was essentially the emirate's finance minister, or Ras Al Khaimah's exchequer. It soon became clear that Sheikh Saud had no intention of allowing his financial management of the RAK government to be scrutinised. In fact, his unilateral and unaccountable takeover and transfer of his father's private money to other countries like...

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