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Thu, 31.08.2023
Home REAL ESTATEDutch property tycoon, who fled to Dubai, is jailed in absentia

Dutch property tycoon, who fled to Dubai, is jailed in absentia

by Press Room


A Dutch courtroom. Photo: Odi Busman

A Dutch property trader who fled to Dubai 10 years ago after facing questions in the Netherlands about bankruptcy fraud has been found guilty in absentia and given a four year jail term.

Roger Lips was declared bankrupt in 2013 with debts of over €100m. A number of his companies also went bust and the official receivers said at the time he failed to cooperate with the bankruptcy and had…



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