Anti-Financial Crime & Financial Crime Compliance
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Analysis, Financial Crime, MEA

PANDORA PAPERS: New ICIJ report dubs UAE a ‘secrecy haven’ following careful analysis of shell companies and bad actors within Gulf nation.

By Dan Byrne for AMLi

Damning evidence from Pandora Papers documents has painted the United Arab Emirates as a “secrecy haven” that fosters shady deals, shell companies, and money laundering.

Some of this below-board activity reaches levels as high as the Prime Minister, the second-most powerful person in the country, according to the latest report from the International Consortium of Investigative Journalists (ICIJ).

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