The UAE has repeatedly made headlines for harboring corrupt elites and facilitating money laundering, as evidenced by the Pandora Papers, Dubai Uncovered, and gold smuggling from Africa.

Being placed on the FATF grey list and the EU's high-risk list underscored the UAE's significant deficiencies in anti-money laundering efforts, tarnishing its global reputation.

While the UAE has made some improvements, its removal from the FATF grey list sparked controversy, with concerns that the country hasn't adequately addressed its deep-rooted issues with financial crime.

The UAE's lax enforcement has allowed politically exposed individuals to own expensive properties, often acquired through dubious means, raising doubts about the government's commitment to tackling illicit wealth.

UAE-based professionals have been implicated in facilitating money laundering schemes, showcasing a systemic issue within the country's financial services sector.

Despite purported progress, the number of prosecutions related to money laundering remains low, indicating a lack of effective enforcement mechanisms.

The UAE's reluctance to extradite individuals accused of corruption in their home countries, such as the Gupta brothers and Isabel dos Santos, highlights its failure to cooperate with international efforts to combat financial crime.

Doubts persist about the sincerity of the UAE's recent reforms, with concerns that political considerations may have influenced regulatory decisions.

The UAE's reliance on anonymous corporate structures further facilitates money laundering and obscures the true ownership of assets, allowing illicit funds to flow unchecked.

With limited transparency and accountability within the UAE's financial system, the international community must continue to apply pressure to ensure meaningful reform and prevent the country from being a hub for global financial crime.


follow up video:

Pandora Papers: The offshore companies of UAE's Sheikh Mohammed
[ Ссылка ]

UAE 1MDB Scandal: Fraudulent History of UMNO Put Ismail Under Questions
[ Ссылка ]

Investigation: UAE Funding Al-Qaeda Militants | MbZ Terror Funding
[ Ссылка ]

France's Silence on UAE-Linked Brero’s Alp Services Agenda
[ Ссылка ]

Alp Services: Mario Brero’s Spy Firm for the UAE
[ Ссылка ]

New Yorker Exposes UAE's Smear Campaign Involving Mario Brero's ALP Services
[ Ссылка ]

Subscribe For More Exposing Videos : @BeachBirdofficial

свернуть