The Federal Capital Territory (FCT) Abuja High Court yesterday discharged an Indian national, Gulati Ankit, held on behalf of DAMAC Star Properties LLC, Dubai, in an alleged $350,000 (about N120 million) property fraud.

Profitel Limited, a Nigerian company, had in 2015 sued DAMAC Star Properties LLC for alleged breach of contract and swindling of a deposit for nine apartments in Dubai.

The judge, Justice Y. Halilu, held that Ankit, DAMAC’s Business Development Manager was not an “alter-ego” of the company, adding that he (Ankit) could not be made to pay for the misdemeanour of the company.