Advocate Shamila Batohi, the National Director of Public Prosecutions of the National Prosecuting Authority (NPA), disclosed ongoing struggles faced by the South African government in its attempts to extradite Atul and Rajesh Gupta. The Gupta brothers, who are wanted in South Africa on charges including fraud and money laundering linked to State Capture, are currently...
Tag: UnitedArabEmirates
Dirty Money Is Destroying Sudan
A humanitarian and human rights catastrophe is unfolding in Sudan. With nearly 11 million people already displaced—three million of them children—the country is now home to the most people rendered homeless by conflict worldwide, and its populace sits poised on the brink of a major famine. A collapsing medical system renders the war’s true death...
THE BATTLE OF THE TWO ROSES
11 March is the fated date on which Ofcom, the media regulatory body from the UK, will release the report concerning the desirability of the acquisition of The Daily Telegraph and The Spectator by an UAE investment fund. In the meantime, the debate between those against the buyout and those supporting it is shaping up...
UAE Removed from FATF Gray List: Political Considerations Overrule Anti-Money Laundering Concerns
On Friday 23 February, the Paris-based Financial Action Task Force (FATF) has removed the United Arab Emirates from its “gray list”. The move, critics say, has more to do with political considerations than with any real improvement in fighting money laundering on the part of the UAE authorities. The United Arab Emirates were first added...
Cop28 president denies on eve of summit he abused his position to sign oil deals
Sultan Al Jaber calls allegations false as the United Arab Emirates prepares to host the biggest Cop meeting yet. Sultan Al Jaber, the president of the UN Cop28 climate summit, has hit back strongly at reports he abused his position to try to sign oil deals with other governments, as the United Arab Emirates prepares to...
Joe Biden will not attend the Cop28 climate meeting in Dubai, US official says
US president is balancing the demands of a Middle East war and a presidential campaign expected to heat up in January. US President Joe Biden will not attend a gathering of world leaders focused on climate change in Dubai this week, a US official said on Sunday. The announcement comes after the New York Times reported that Biden...
Foreign Office ‘trying to block’ Telegraph takeover investigation’
The Foreign Office has been accused of attempting to block an official investigation into the takeover of The Telegraph by an Abu Dhabi-backed organisation. Lucy Frazer, the culture secretary, has said that she is minded to open a regulatory investigation into whether the bid by RedBird IMI would be against the public interest. The Telegraph...
Why have Saudis, Emiratis not been brought to account for appalling conduct in Yemen?
The extent of human suffering in the Yemeni civil war is hard to grasp. In the earliest days of this proxy war, the United States and Western Europe saw it in black and white: the evil Iran backing the Houthi rebels against the good Saudi Arabia/United Arab Emirates coalition defending the legitimate Yemeni government. More...
The UAE and Wagner Paymasters Past, Present, and Future
Belgium (Brussels Morning Newspaper) Until Yevgeny Prigozhin blinked and ordered his Wagner Group forces to turn back within 200 miles from Moscow, it looked as though Putin’s Russia had created a monster it could not control. But whatever fate awaits its hardman founder, the organisation Prigozhin built is too useful to be dispensed with entirely. Wagner’s...
From Russia with gold – UAE cashes in as sanctions bite
The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia’s more traditional export routes, Russian customs records show. The records, which contain details of nearly a thousand gold shipments in the year since the Ukraine war started, show the Gulf state imported 75.7 tonnes of...