However, on appeal he was later found not guilty and released from prison in July 2012 when he was declared innocent of two of the three charges. On the final charges the civil court final judgment showed he owed no money, was a victim of fraud and vindicated him completely by awarding US$10.8 Million to be paid back to him by his former partner who had defrauded him. Safi Qurashi is still the owner of GB Island and continues to live and run his businesses in Dubai and is still confident of developing the Island of GB into a unique destination.