Terrorist groups suspected of funneling money to Dubai properties – Nikkei Asia

0 minutes, 32 seconds Read

TOKYO — Numerous people linked to groups targeted with U.S. sanctions as terrorist organizations, such as Hezbollah and Houthi rebels, appear to have bought real estate in Dubai, based on data relating to hundreds of thousands of properties obtained by the Center for Advanced Defense Studies (C4ADS).

Countries typically seek to curb terrorist financing by cutting off organizations and individuals from the financial system and freezing their assets. The new findings, the result of a joint investigation by 74 media organizations across 58 countries, point to a hole in such sanctions that is suspected to have provided an opening for money laundering and the financing of terrorism.

Buy/sell, rent/lease residential &
commercials real estate properties.

This post was originally published on 3rd party site mentioned on the title of this site

Similar Posts

    Your Interest
    Your Interest List is emptyReturn to Buying