Call to Blacklist Dubai and UAE Over ‘Dirty Money’ and Oligarchs

Call to Blacklist Dubai and UAE Over 'Dirty Money' and Oligarchs

Call to Blacklist Dubai and UAE Over ‘Dirty Money’ and Oligarchs. Politicians and activists are calling for Dubai and the United Arab Emirates to be blacklisted over its failure to observe sanctions against Russian oligarchs and stem the flow of dirty money flowing through the UAE. 

Western countries including the US and UK hit Russia with stringent sanctions in February after Russia invaded Ukraine. This prompted some oligarchs to flee to Dubai and buy properties in the UAE

“Dubai has long been a safe place for dirty money. It should now be put on financial blacklists and its leaders shouldn’t be welcome [in Britain],” Bill Browder, a campaigner and critic of Vladimir Putin, told Britain’s The Observer newspaper.

Call to Blacklist Dubai and UAE Over ‘Dirty Money’ and Oligarchs

Browder joins a growing list of politicians and activists who have called for sanctions against the UAE. Last month a group of European Parliament members signed an open letter to European Commissioner Mairead McGuinness calling for the UAE to be blacklisted. 

“How many scandals will it take before Dubai gets on the EU money laundering list?” asked Kira Peter-Hansen, one of the MEPs to sign the open letter, in a tweet on May 11

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