Featured Dubai

UAE Executive Office to combat money laundering, terrorism funding

In a major step to combat money laundering and financing terrorism, the UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the establishment of the Executive Office of the Anti-Money Laundering and Countering the Financing of Terrorism… Read More

Report: $4 Billion in African Conflict Gold Floods World Markets

By Alessandro Ford, OCCRP, 24 February 2021 OCCRP – More than US$4 billion in conflict-affected or high-risk gold from Central and East Africa gushes every year through world gold centers like Dubai to permeate international markets, according to a report published Monday. The Sentry, an… Read More

U.N. Report Accuses Blackwater Founder Erik Prince of Libya Weapons Ban Violations, Diplomat Says

A United Nations report accuses Blackwater founder Erik Prince of assisting in violations of an international arms embargo on Libya, placing the military contractor at risk of U.N. sanctions, according to a diplomat with access to the report. The report by the U.N. Panel of Experts that monitors the ban… Read More
16th February 2021
By Will Fitzgibbon, ICIJ, 15 February 2021 ICIJ — Three of the world’s largest consulting firms received tens of millions of dollars in payments from an obscure firm in Dubai to help restructure Angola’s corruption-ridden oil sector, according to documents that reveal new details about suspicious money… Read More
9th February 2021
When James Freis agreed to oversee Wirecard AG’s legal and compliance functions, he saw it as an opportunity to help bring managerial order to a fast-growing fintech startup. Instead, he found himself thrust into a much different predicament. Mr. Freis was due to join the German payments company’s management… Read More
4th February 2021
An international migration firm is being investigated for allegedly promoting access to the Vanuatu’s passports without the government’s authority, in the latest controversy to hit the country’s “citizenship-for-sale” program. Vanuatu’s citizenship commissioner, Ronald Warsal, has placed Global-Migrate under investigation after access to the scheme was promoted by its Dubai office… Read More
3rd February 2021
A smuggler has been jailed after attempting to fly almost £900,000 of dirty money out of Scotland. Lukas Pokorny was stopped by UK Border Force officers at Glasgow Airport after trying to check in three large suitcases for an apparent two-week trip to Dubai. When asked what was in the… Read More
2nd February 2021
The murky world of professional boxing is under fresh scrutiny as a BBC Panorama investigation claims to have found clear evidence that “a suspected organised crime boss is still working at the top of world boxing”. Daniel Kinahan’s involvement at the highest level of the fight game in Britain,… Read More
29th January 2021
The Economic and Financial Crimes Commission, EFCC, on Thursday, re-arraigned the immediate past Attorney General of the Federation and Minister of Justice, Mohammed Adoke, SAN, before a High Court of the Federal Capital Territory sitting at Gwagwalada, on 42 counts of corruption following an amendment to the charge. Adoke, who… Read More
19th January 2021
Danish prosecutors who charged hedge-fund manager Sanjay Shah with running a $1.6 billion tax fraud say they’re looking at a “number of other suspects” in the case. Prosecutors said they’ll be in a position by March to decide whether to press charges against more members of a network that they… Read More
15th January 2021
In October 2014, Canadian intelligence leaders were invited to the U.S. Drug Enforcement Administration’s headquarters in Chantilly, Va. The DEA had a theory: the upper echelons of global money laundering, terrorism, drug-trafficking and organized crime all bleed together. And only a handful of men in this murky world of extremely… Read More
12th January 2021
When the Kray twins ruled the East End of London in the 1960s, organised crime was a man’s world where bosses controlled their illicit businesses through the threat of physical violence. But times have changed. Proving that women are smashing the glass ceiling in the criminal world too, two female… Read More
8th January 2021
By Zdravko Ljubas, OCCRP, 6 January 2021 OCCRP – After officials at the Johannesburg airport arrested three men who tried to smuggle gold bars in their hand luggage, the South African Police Service (SAPS) said Monday that it has launched an investigation… Read More