An Indian expatriate employed at the Abu Dhabi-based hypermarket chain Lulu stands accused of absconding with a substantial sum of Dh660,000 in cash, prompting the company to take legal action against him.
Lulu Group International confirmed that it has filed a complaint with the Abu Dhabi Police against the 38-year-old expat, who served as the custodian of the cash office at LuLu Hypermarket in Khalidiya Mall, Abu Dhabi. Hailing from the southern Indian state of Kerala, the employee failed to report for duty on March 25, triggering concerns among management.
Upon initiating an internal investigation, Lulu Group discovered the employee’s absence and subsequent attempts to contact him proved futile, as his mobile phone was switched off. Subsequent auditing of the cash office revealed a significant shortfall exceeding Dh600,000.
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Given his responsibility for cash management, the company had retained his passport, making it challenging for him to leave the UAE. Despite this measure, his current whereabouts remain unknown.
Having been part of Lulu Group for 15 years, the expat had been residing in Abu Dhabi with his wife and two children. However, following his alleged disappearance, his family reportedly departed the UAE without informing anyone, according to the company’s statement.
Furthermore, Lulu Group disclosed that it has enlisted the assistance of the Indian Embassy in Abu Dhabi to file a complaint against the expatriate with the Kerala Police, facilitating legal action in India as well.
The incident underscores the importance of stringent internal controls and oversight mechanisms in safeguarding against financial irregularities within organizations, emphasizing the need for vigilance in cash-handling procedures to mitigate such risks.
