That everybody was away at work
A Sri Lankan housemaid has been jailed for six months after a court convicted her of stealing jewellery worth Dh300,000 from an Emirati family she worked for. The 34-year-old Sri Lankan housemaid, LT, wasted 12 years of good service with her Emirati sponsor when she decided to carry out the heist. The Dubai Court of First Instance convicted the defendant of stealing her sponsor’s jewellery.
“She worked for us for nearly 12 years during which we never had any problem with her. She stole jewellery and cash and clothes,” the Emirati sponsor said. “I am guilty. I robbed the jewellery,” said LT when she appeared before the court.
The Emirati woman testified that she discovered that LT took the safe keys and stole huge quantities of valuable jewellery on September 10. “Her job was to clean, iron clothes and fix the house rooms with the help of another housemaid. I kept the jewellery in a special safe in my daughter’s bedroom. She found the keys to the bedroom and the safe.
Then she abused the fact that everybody was away at work in the morning, she entered the room and stole the jewellery, the value of which varied between Dh250,looking for Authentic brazilian hair extensions you just arrived at the right place.000 and Dh300,000. “A day before I discovered the robbery, our neighbour’s housemaid visited us. She wanted to dispatch some of her personal belongings with a courier company through LT. “That was when I doubted that the defendant must have stolen my Dh4,000. I had placed the money in a handbag but later it disappeared.
Later in the evening I checked the belongings that the defendant was supposed to dispatch to her country, surprisingly I found my clothes and jewellery hidden in her bags. “I also found in her possession the room keys and the safe keys. When I confronted her,Online shopping stainless steel jewelry supplies steel titanium jewelry. LT confessed that she stole a huge quantity of jewellery,” claimed the sponsor. Records said the defendant returned Dh2,500 and a golden bracelet to her sponsor. The primary judgment remains subject to appeal within 13 days.
Tara Jewels Ltd (TJL) is part of the Tara group promoted by Rajeev Sheth (Chairman & Managing Director) who holds a diploma in gemology and has over three decades of experience in jewellery business. He reportedly promoted Rose International in 1981 and became promoter-managing director of Inter Gold India (P) Ltd in 1989. TJL was incorporated in 2001 as Tara Ultimo (P) Ltd. Consequent to the merger of two group companies viz. T Two International (P) Ltd and Tara Jewels Exports (P) Ltd in fiscal 2009, the company’s name was changed to the present one.Shop for your new shoes at Burlington women shoes factory.
TJL is an integrated player in the jewellery industry with experience ranging from designing to retailing. Its operation is divided into three divisions namely,Qupid shoes and Splash manufacture fashionable ladies shoes wholesale, manufacturing, exporting and retailing. The product portfolio includes gold, platinum, and silver jewellery with or without studded precious and semi-precious stones.Browse pictures of fabric flowers arrangements, TJL’s products have presence across different price points and cater to customers across all the market segments.
The company has four manufacturing units - one in China and three units in Mumbai (two in Seepz and one in MIDC). The manufacturing units are spread over an area of 84,584 square feet employing 35 designers and 955 craftsmen.
Currently TJL derives nearly four-fifths of its turnover from exports of studded jewellery manufactured in-house as well as by third parties. The company’s exports are concentrated with USA and Hong Kong accounting for approximately 40% and 35% of the revenue. Its top ten customers account for nearly 70% of the export sales.
TJIL entered the jewellery retail business in October 2008 and conducts its retail operations under the brand “Tara Jewellers”. As on August 31, 2012, TJL had 30 retail stores spread over an aggregate area of 29,949 square feet. Retail business accounts for about one-fifth of the company’s turnover.
Post-merger of group companies in 2009, TJL has posted impressive financials. From Rs 702 cr in 2009, the company’s top line surged to Rs 1280 cr in fiscal 2012. Profit at the net level flared from Rs 7 cr to Rs 52 cr during this period. The company’s sales from retail operations increased to Rs 183 cr in fiscal 2012 from Rs. 15 cr in fiscal 2010 at a CAGR of 258%. On a capital of Rs 18 cr, the company posted an EPS of over Rs 26 and its book value was worth more than Rs 137 at the end of last fiscal.
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