As the first step in this initiative, Firoz Merchant, founder and chairman of Pure Gold Jewelers, paid 150,000 dirhams for the release of 132 prisoners from Ajman Central jail.
The fund will be used to help those who are behind the bars due to non-payment of debt or overstaying in the jail despite completing their terms as they do not have money to return home.
Also Read
"These people are unfortunate victims of circumstances and are not real criminals. They have ended up in jail because of debt-related cases and I want to do my best to send them back to their families," Merchant said.
He said that 2016 was challenging for a lot of people working in the UAE some of whom could not pay their debt.
"That is why I decided to pay off their debts and get them air tickets so that they can go back to their home countries. Funds to be made available will be against cheque bounce of up to AED 30,000 for rents, school fees, medical, car loan etc," he said, adding that they are only considering applications forwarded by jail authorities across the UAE.
Besides air tickets, Merchant's office is also giving 100 dirhams equivalent of local currency so that the released inmate reaches home safely.
"Most of these prisoners told us that once they land in their home countries, they will need public transport to reach their villages. It only made sense to give them some petty cash so that they manage the last leg of their journey," he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)