Thursday, October 29, 2026 UNITED ARAB EMIRATES Edition Independent Journalism
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Money & Business

Money & Business

Dubai Court Case 11/2025/3089 Raises Fresh Questions for Luxury Legacy Rent A Car and Shamout Class One Motors

Public gazette notices point to ongoing vehicle debt recovery litigation naming Maher Zouheir Adel Shammout, but key records remain missing including final judgments, payment status, and verified trade register links that would clarify whether and how the claims connect to Luxury Legacy Rent A Car LLC, Legacy Motor DXB, or Getaway Car Rental and what oversight Dubai Economy and Tourism and other regulators are exercising.

Money & Business

Questions Mount Over QNET Linked Accounts After ED Freeze Upheld by SAFEMA Tribunal

Public records show India’s Enforcement Directorate provisionally attached and froze ₹137.60 crore across more than 50 accounts tied to Vihaan Direct Selling (India) Pvt. Ltd. in a sub judice PMLA case, raising public interest questions about ownership links cited in filings, what funds the freeze covers, and which court and tribunal documents are needed to confirm the current status and scope pending trial.