Aleema to face money laundering case if evidence found: adviser
Special Adviser to Prime Minister on Accountability Shahzad Akbar said on Sunday that if any evidence is found, then Aleema…
Fraud & Ethics
710 articles found
Ex-Falcon Board Members Charged
Two former board members of private bank Falcon were charged with money-laundering and taking bribes. The charges are linked to…
PNB fraud: ED attaches 11 properties of Nirav Modi in Dubai
The Enforcement Directorate Tuesday said it had attached 11 properties worth over Rs 56 crore of fugitive diamond jeweller Nirav…
Dubai's biggest bank warns over phishing email scam
Dubai's biggest bank has warned customers to beware of a new phishing email scam which claims to offer VAT refunds.…
UAE legislates to crack down on money laundering
The United Arab Emirates has passed a law to combat money laundering and terrorism financing. The law, which is…
UAE banks keen to bolster AML steps
Banks in the UAE are keen to welcome any additional platforms or means of cooperation with US Treasury to support…
Barclays avoids trial over £6bn Qatar rescue package
Barclays will not face trial on charges relating to the emergency £6bn rescue package it secured from the state of…
2 men try to steal boxes of gold from UAE Central Bank
Two men, who were convicted of trying to steal five gold boxes from the UAE Central Bank using forged documents,…
Serious Fraud Office presses for criminal charges to be reinstated against Barclays
The high street bank and four former executives were charged with conspiracy to commit fraud and the provision of unlawful…
MD of investment firm behind Dh7 billion project held for fraud
Police have reportedly arrested the managing director (MD) of a boutique investment firm in Al Ithraa Tower in Al Garhoud…
Basel AML Index reveals slow progress in combating money laundering
The results of the seventh annual Basel Anti-Money Laundering Index released today support the growing concern that governments worldwide are…
Dubai enacts changes to anti-money laundering rules following review
The Dubai government has enacted changes to the Dubai International Financial Centre's anti-money laundering laws following a self-assessment of the…