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
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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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