Spectacular skyscrapers, luxury lifestyles, and sunny beaches — these are the hallmarks of Dubai, a Middle Eastern financial hub known as a playground for the global rich. But the glamorous emirate also has a darker reputation as a tax haven, a top destination for illicit cash, and a preferred hub for money laundering, often through...
South Africa said Friday it had learnt with “shock and dismay” that the United Arab Emirates had turned down its request to extradite two brothers accused of orchestrating industrial-scale corruption. Justice Minister Ronald Lamola said the government was notified on Thursday evening of a Dubai court decision not to allow for the extradition of business...