DATCO Group chairman Moosa Bin Shamsher sought time to appear before the Anti Corruption Commission (ACC) to face its questioning. A DATCO Group representative submitted an application inserting a medical certificate to the Commission on Tuesday on behalf of Moosa,
He sought time extension for his appearance before the ACC showing health ground that he has been suffering from death phobia, high blood pressure and diabetes, ACC public relations officer Pranab Kumar Bhattacharya said.
Moosa Bin Shamsher was scheduled to be grilled on Wednesday. Responding to an ACC directive, Moosa earlier submitted his asset accounts statement to the Commission on June 7, 2015, mentioning his wealth worth US$ 12 billion. The ACC will question him to take statement on the unusual wealth he mentioned in his wealth report.
On December 14, 2014, the national anti-graft body also interrogated Moosa and he claimed that a huge amount of his money remains frozen in Swiss bank. Moosa Bin Shamsher featured in cover stories of The Sunday Telegraph Magazine (London) and many other business magazines, including Business Asia, revealing that he has accumulated wealth worth about US$ 7 billion.
Considering the reports published in international media about his lifestyle, income and income sources, the ACC on November 3, 2014, decided to launch a probe against him who is believed to have made his fortune selling arms during the Iran-Iraq war. It is alleged that Moosa has a Swiss bank account with US$ 7 billion frozen in it because of ‘irregular’ transactions, according to UNB. -Mithun