A bedrock rule for financial intermediaries, contractors, parasites, and courtiers is "go to where the money is."
A series of articles from the Organized Crime and Corruption Reporting Project, May 14, 2024:
From its humble days as desert tradepost to its current status as
a global financial hub, Dubai has long served as a crossroads for
commerce.
But it's not just financiers and footballers who are
rubbing shoulders in the city’s glitzy skyscrapers and villa communities
today.
Dubai has also become a meeting point for men and women
from around the globe who have been accused of criminality and
corruption.
With a reputation for financial secrecy, low taxes,
and an ever-expanding spread of valuable real estate, the city is an
appealing option for those looking to launder or hide cash.
Thanks
to a new leak of property records, reporters have identified scores of
individuals from around the world who own property in Dubai, and whose
holdings we believe to be in the public interest to reveal.
They
include alleged money launderers and drug lords, political figures
accused of corruption and their associates, and businessmen sanctioned
for financing terrorism, among others.
Dubai Unlocked, an
investigative project involving more than 70 media outlets around the
globe, is the most up-to-date look yet at who owns what in the Middle
Eastern city....
....MUCH MORE, scroll through
