Dubai: Indian expatriate arrested and imprisoned, failed to repay loan to a friend

As covered by thenational.ae, “An Indian expatriate, who asked to be identified as Ranjan, learnt the hard way never to borrow money, even from friends.The 39-year-old, an operations manager at an oil company in Dubai, was jailed for a month last August after he borrowed Dh50,000 from a friend to pay off a bank loan.He needed the money because he had defaulted on the loan and the bank had complained to the police.” Read Article