UAE added to FATF gray list

[FuturePAF]

No one cares about that--happens in west all the time. It is because of their position on Russia-Ukraine conflict.

Or the cancelled $23 billion deal? As well as buying Chinese L-15s?

 

[313ghazi]

About time. UAE is central to money laundering around the world, as is London.

 

[doorstar]

No one cares about that--happens in west all the time. It is because of their position on Russia-Ukraine conflict.

let's start again.
this was decided in January. Russian thing happened a few days ago. UAE thought if they abstained from postponed backing america they'll be kept out of FATF in exchange for their vote. they thought they had leverage.

 

[HAIDER]

Over 4400 Pak elite found guilty of laundering and parked dirty money in Dubai, including Pakistani minister Isaac Dar plaza and hundreds other elites.... @jamahir how many Indians parked their ill gotten wealth ..any data ?

 

[RIP Pak LAW]

Most of the articles are indicting UAE may get added where as thread is clearly saying UAE already added. So whats the latest on it ?

 

[jamahir]

Over 4400 Pak elite found guilty of laundering and parked dirty money in Dubai, including Pakistani minister Isaac Dar plaza and hundreds other elites.... @jamahir how many Indians parked their ill gotten wealth ..any data ?

Not much exact idea. The parking seems to be in various places including the Caribbean. In another thread just some minutes ago I was talking about Modi's PM election promise in 2014 that said if people vote for him then he will bring back the illegal wealth outside and that it is so much that every citizen from among the 1.4 billion population will be given 15 lakhs. I was actually asking a Modi supporter in that thread as to where my 15 lakhs is after eight years of the promise and Modi's PMship.

 

[hussain0216]

What???

Simping for Israel too didn't help the Emiratis?

The emrats probably thought if they bent over and touched their heels for the Jews and Americans they would be saved

 

[Falconless]

About time. UAE is central to money laundering around the world, as is London.

Add Hong Kong and the black money triangle is complete

 

[khail007]

hit a raw nerve did I? how much have you stolen and parked in the emirates? bitter about the UK? did they refuse you a visa?

No, you did not.
Son, I was a simple job-oriented person, not a penny stolen/parked/earned from Pakistan. Whatever I have all earned here. After becoming redundant staff due Covid, received funds invested in the business but faced very bitter hard-ships. Business at the lower end in UAE is not an easy thing. I have to make a final decision to move back to the pavilion.

The UK has a long history of atrocities, I am not bitter about the UK, they themselves bitter about them and still carry it on but in modern form. One thing positive they are providing rights to the expatriates which in ME is a dream.

 

[CrazyZ]

https://twitter.com/x/status/1499700701894787073

PS: I can't believe people are naïve enough to believe the official line. Americans are tightening the screws on UAE after their stance on Russia-Ukraine conflict.

And what happens if UAE and other GCC start backing CIPS. IMO, all MENA countries should have financial systems that use SWIFT and CIPS.

So is the UK, London is home to all the biggest money launderers in the world.

USA as well (just based on the size of its economy and financial system). All you need is to setup a shell company and trust and you can launder as much money as you want.

 

[ProMechy]

It was just a matter of time when the middle east starts falling out of favour. Oil isn't as valuable as is used to be. With electrification in Europe, this irrelevancy is accelerated.
UAE licked US boots to coast through the past 30 40 years but I think they are in for a bumpy ride now.
With their ignorance, they will find out what it has been for other Muslims countries on the receiving end of US diplomacy.

 

[Clutch]

Welcome to the Islamapbobic FATF !!!

 

[mudas777]

https://twitter.com/x/status/1499700701894787073

PS: I can't believe people are naïve enough to believe the official line. Americans are tightening the screws on UAE after their stance on Russia-Ukraine conflict.

Welcome to the party bro, join the club. Not helping us in the FATF didn't helped you either, choose your friends wisely next time bro ?

 

[TheNoob]

it is very politically motivated given how KSA has been given the free hand.

 

[coffee_cup]

is it because it is a haven for money launderers and criminals of the world (including fat pandit chor and sayyad ghardari)?

The biggest hub of money launderers and criminals in the world is LONDON.

And I dont see it being added to the grey list. Tells you a lot about all those shady organizations.