Paying back debts

Old Aug 1st 2012, 10:03 am
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Default Paying back debts

Ironic?

"I'm not in a hurry to pay - if they want to settle, they have to be reasonable"

http://www.arabianbusiness.com/nakhe...an-468118.html
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Old Aug 1st 2012, 10:07 am
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Default Re: Paying back debts

I'd just call it hypocritical
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Old Aug 1st 2012, 10:30 am
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Default Re: Paying back debts

And they wonder why Dubai is not considered a particularly sound place to invest. Great advert to encourage people, eh?
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Old Aug 1st 2012, 10:41 am
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Default Re: Paying back debts

whatever happened to media-whore and football club suitor Dr Sulaiman Fahim?

remember driving past his mooey on some building's facade advertising the UAE Apprentice

is he inside?
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Old Aug 1st 2012, 11:05 am
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Default Re: Paying back debts

Originally Posted by saudiflares View Post
whatever happened to media-whore and football club suitor Dr Sulaiman Fahim?

remember driving past his mooey on some building's facade advertising the UAE Apprentice

is he inside?
His "The Apprentice' rip-off was so bad it was good.

Not sure what became of the winner, not much I expect.
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Old Aug 1st 2012, 11:42 am
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Default Re: Paying back debts

Originally Posted by NorthernLad View Post
Ironic?

"I'm not in a hurry to pay - if they want to settle, they have to be reasonable"

http://www.arabianbusiness.com/nakhe...an-468118.html
I've been chuckling at that. I really hope Safi Qurashi's lawyers use this as evidence in his trial against Nakheel.

"Your honour. You can not on the one hand demand dues from your customer when you have made it clear you will miss the original delivery date by over a decade, then on the over hand tell your customers they have to be realistic about debts you yourself owe in refunds."

This would be comical if there weren't people going to prison because of it.
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Old Aug 1st 2012, 11:46 am
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Default Re: Paying back debts

Originally Posted by auzdafluff View Post
This would be comical if there weren't people going to prison because of it.
Or, as employees or shareholders of the Big Boys, losing their jobs or substantial amounts of money. This really needs to hit the media in the west and east.
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Old Aug 2nd 2012, 7:58 am
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Default Re: Paying back debts

Just bumping this. Why isn't it bigger news? A semi-state organisation which is making profit but brazenly states it will only pay 20% of what it owes...Or are we just comfortably numb?
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Old Aug 2nd 2012, 8:02 am
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Default Re: Paying back debts

Originally Posted by Bahtatboy View Post
Just bumping this. Why isn't it bigger news? A semi-state organisation which is making profit but brazenly states it will only pay 20% of what it owes...Or are we just comfortably numb?
It's the only reason why I keep an office running in Dubai! - Collection of Debts from Quasi-Governmental Organisations!
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Old Aug 2nd 2012, 8:03 am
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Default Re: Paying back debts

Originally Posted by jackthehat View Post
It's the only reason why I keep an office running in Dubai! - Collection of Debts from Quasi-Governmental Organisations!
Well as you are not going to succeed, can I suggest you do us all a favour by closing it and going home.
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Old Aug 2nd 2012, 8:03 am
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Default Re: Paying back debts

Originally Posted by Bahtatboy View Post
Just bumping this. Why isn't it bigger news? A semi-state organisation which is making profit but brazenly states it will only pay 20% of what it owes...Or are we just comfortably numb?
1. I'd venture to suggest that many local media organisations have been asked/told not to say much about it.

2. We've heard it before and are too cynical to react.
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Old Aug 2nd 2012, 8:10 am
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Default Re: Paying back debts

Originally Posted by Meow View Post
1. I'd venture to suggest that many local media organisations have been asked/told not to say much about it.

2. We've heard it before and are too cynical to react.
Nakheel Profit up by 36% (AFP)
Purely because they do not pay their bills!
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Old Aug 2nd 2012, 8:12 am
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Default Re: Paying back debts

Originally Posted by Millhouse View Post
Well as you are not going to succeed, can I suggest you do us all a favour by closing it and going home.
What colour is the sky on your planet Millhouse?

Last edited by jackthehat; Aug 2nd 2012 at 8:35 am.
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Old Aug 3rd 2012, 11:24 am
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Default Re: Paying back debts

Originally Posted by jackthehat View Post
What colour is the sky on your planet Millhouse?
It's all gone quiet over there!
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