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Update Statement from Tamkeen

Further to Tamkeen’s statement of May 20, 2014:

Tamkeen has appointed Nardello & Co. to conduct a review into the allegations made in recent media reports regarding labor and compliance standards as outlined in the project’s Statement of Labor Values related to the construction of the NYU Abu Dhabi campus on Saadiyat Island.

Nardello & Co. is a leading international investigation firm headquartered in New York. The review will be led by CEO and founder Daniel Nardello, an experienced investigator, litigator, and former US federal prosecutor who served as an assistant US attorney in the Southern District of New York. Mr. Nardello will lead a multidisciplinary team including members of the firm’s Middle East practice, which is based in Dubai and London. Mr. Nardello, a graduate of Columbia University and the NYU School of Law, has developed a distinguished record in investigating compliance-related allegations and assisting corporations in bolstering their compliance strategies.

Nardello & Co. will act independently in the conduct of its review. Given the scale and complexity of the review process, the results are expected to be published by the end of the year.

Tamkeen and NYU Abu Dhabi take any allegations of violations of the labor monitoring and compliance program with the utmost seriousness. This appointment follows an international search for the best-qualified firm and consultation with our partner NYU Abu Dhabi. It underscores our joint and ongoing commitment to the safety and welfare of those who built and operate the NYU Abu Dhabi Saadiyat Campus.

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