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West wants to look the other way on UAE money laundering
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West wants to look the other way on UAE money laundering

As geopolitical winds shift, the US and European governments turn a blind eye to Emirates’ money laundering problem. BERLIN — Germany, the U.S. and several other Western countries are pushing a global money-laundering watchdog to give the financial system in the United Arab Emirates a clean bill of health despite persistent indications that the country...

Dubai-based Irish businessman placed on US sanctions list over alleged links to Russian cash
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Dubai-based Irish businessman placed on US sanctions list over alleged links to Russian cash

A Dubai-based Irish businessman has been placed on the US Treasury’s sanctions list as part of move to stop the flow of Russian money abroad. John Hanafin and his Huriya Private firm have been listed along several other individuals and companies used to help Russia evade sanctions. According to a Treasury statement yesterday “Hanafin facilitated...