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Posted on November 30 2019

Indian millionaire pays for release of 700 prisoners in UAE

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By  Editor
Updated April 01 2024

The Founder and Chairman of Pure Gold Group – Firoz Merchant, a UAE-based Indian millionaire – paid AED 1 million for the release of 700 prisoners in various jails across the UAE. Established in 2008, Forgotten Society is a programme by Pure Gold Group to help prisoners of debt in the UAE.

 

Despite having completed their terms, the prisoners could not be freed as they were unable to clear their debts. The payment by the Indian businessman will go towards meeting different expenses – settling their debts, paying for airfare or other transport to their home country.

 

The gesture by Firoz Merchant is to mark the 48th UAE National Day on December 2, 2019.

 

In December 1971, the United Arab Emirates (UAE) was formed by the amalgamation of 6 emirates – Abu Dhabi, Sharjah, Dubai, Ajman, Umm Al-Quwain, and Al-Ain. The 7th emirate, Ras Al-Khaimah, later joined the conglomerate in February 1972.

 

2019 has been proclaimed by the UAE as the Year of Tolerance.

 

150 of the insolvent prisoners being released with the AED 1 million are incarcerated in the Ajman Central Jail. These belong to different nationalities, such as – India, Pakistan, Sri Lanka, Thailand, Ghana, Iraq, Egypt etc.

 

Other prisoners to be released are in jails in Sharjah, Dubai, Abu Dhabi, Fujairah, Umm Al Quwain, and Ras Al Khaimah.

 

As per Firoz Merchant, “700 insolvent prisoners” belonging to “more than 30 different nationalities will be joining in the spirit of the UAE National Day and the Year of Tolerance”.

 

With their debts paid and them being freed from the jails in the UAE, all such prisoners will be celebrating the great occasion “back in their home country, reunited with their families."

 

If you are looking to Study, Work, Visit, Invest or Migrate Overseas, talk to Y-Axis, the World’s No.1 Immigration & Visa Company.

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