DUBAI UNCOVERED: DATA LEAK EXPOSES HOW CRIMINALS, OFFICIALS, AND SANCTIONED POLITICIANS POURED MONEY INTO DUBAI REAL ESTATE

On 3 May, OCCRP reported that 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 real estate.  It says that a new leak of Dubai property data has exposed just how many foreigners have poured their money into apartments and villas there.  The leak provides the first detailed public overview of those who bought property in this important Middle Eastern financial centre.  In the initial phase of the project, reporters focused on the European names on the list.

https://www.occrp.org/en/investigations/dubai-uncovered-data-leak-exposes-how-criminals-officials-and-sanctioned-politicians-poured-money-into-dubai-real-estate

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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