Businessman, ex-banker found guilty of laundering Dh60m

A Dutch businessman has been sentenced to three years in prison and ordered to pay a fine of Dh300,000 after being found guilty of laundering nearly Dh60 million.

The Dubai Court of Misdemeanours found the 39-year-old businessman, A.K., guilty of laundering between Dh50 million and Dh60 million - proceeds from drug, theft and sex crimes - as charged by the Public Prosecution.

The court also fined M.A, a 44-year-old Jordanian woman, a banker, Dh100,000 for aiding and abetting A.K's crime.