The Emirati's lawyer told the court that his client had handed over the blank cheque
on the understanding that cheques up to a maximum of Dhs50,000 could be written.
However, because Mr Matthews worked full-time at Swansea Council he gave a stack of presigned blank cheques
to Mr Zia for safe keeping, the court heard.
The central bank of UAE has opined that blank cheque
guarantees for banks in the region is illegal.
Dubai: A senior official at the UAE Central Bank on Wednesday confirmed that it is illegal to obtain blank cheques
as guarantees to secure loans or credit cards issued by financial institutions and urged residents not to be pressured by banks into handing out blank cheques
Any blank cheques
coming from the government should be written out for people in the UK who have had their homes flooded during this dreadful winter, their possessions lost and in many case their livelihoods gone.
Former Speaker Nation Assembly Fehmida Mirza said that announcement by the interior minister for giving blank cheque
to the committee is a welcome step and those who have stolen mandate of the people should be punished.
It is a blank cheque
, that is a security cheque which is their way to secure the bank's rights and guarantee that the customer will settle his dues to the bank," Hammouda explains.
The reality is that the influential Committee he chairs, the Select Committee on Energy and Climate Change (DECC), has been busy pumping out faithful pro-nuclear propaganda which favours, in effect, nuclear power being given a blank cheque
for construction costs from the Government.
Like a blank cheque
IN a recent statement on the direct debit system a bank spokesman was evasive concerning this issue.
He swiped an envelope containing the blank cheque
book that was next to the Bahraini accountant, according to court documents.
Conservationists say the new Common Agricultural Policy for the period 2014-2020 should ensure that public spending is used to promote public goods rather than to be given as a blank cheque
Which, as prizes go, makes the Blankety Blank cheque
book and pen look like the Euro Millions roll-over.
We cannot and we will not give a blank cheque
to Pakistan," said Obama, adding: "extremists are a cancer that is killing Pakistan from within"
Mr Clegg said: "What I have always been slightly wary of is the obvious risks of writing a blank cheque
for one sector after another.
CAMPAIGN: Kevin Crowe in a Gordon Brown mask hands a blank cheque
to a banker, David Waight (S)