KABUL (Pajhwok): With nearly 30 free trade zones, Dubai has emerged a haven for money laundering due to the lax regulatory oversight and customs enforcement, says global foreign policy think-tank.
Afghan warlords, Russian mobsters, Nigerian kleptocrats, European money launderers, Iranian sanctions-busters and East African gold smugglers run their illicit businesses through/from the UAE capital.
A damning 130-page report from the Carnegie Endowment for International Peace shines a light on Dubai’s role in facilitating corruption and global illicit financial flows. It found . . .
