Emirati Individual Ordered to Pay AED 100,000 for Disclosing Ex-Company's Secret Data
In a recent ruling by the Abu Dhabi Family Members and Civil Administrative Situations Court, a former employee has been ordered to pay compensation to their previous company for disclosing confidential financial information.
The former employee, who worked as a tax obligation representative for the company, was found to have breached their duty of confidentiality by revealing sensitive information related to the company's tax obligations and interest rates. This disclosure led to significant financial losses for the company, causing material and moral damages.
The court papers stated that the employee revealed keys about his previous workplace after he surrendered. As a result, the former employee's actions caused the company to lose many of its clients. The court ordered the former employee to pay Dh100,000 to the company as compensation for damages.
In addition, the court penalized the former employee in absentia, fining them Dh10,000. The former employee was also instructed to cover the company's legal expenses.
The company had previously filed a civil lawsuit against the former employee, demanding Dh490,000 in payment for damages. However, the court's final ruling has not been disclosed, and it is unclear if the former employee will be required to pay the full amount demanded by the company.
This case highlights the importance of confidentiality and the legal consequences of breaching that duty. Under Abu Dhabi law, employees have a fiduciary duty to protect their employer's sensitive financial information, and unauthorized disclosure can result in penalties and compensation payments.
In general, breach of confidentiality or fiduciary duty by an ex-employee relating to sensitive financial information like interest rates would likely involve application of UAE or Abu Dhabi specific data protection and employment laws protecting corporate confidential information. However, for a detailed account of this specific case, consulting local Abu Dhabi legal databases or news sources is recommended.
If you have any questions or need more information on this topic, feel free to ask. I can assist in finding more details on how Abu Dhabi law generally handles disclosure of confidential financial information by ex-employees and related compensation topics.
The former employee, who had breached their duty of confidentiality by disclosing sensitive financial information, was ordered to pay Dh100,000 as compensation to the company for the material and moral damages caused by their actions. This case underscores the significant consequences arising from breach of confidentiality, especially in business and finance matters, and highlights the applicability of UAE and Abu Dhabi specific data protection and employment laws protecting corporate confidential information.
