UAE Ramps Up Extradition Pacts in Bid to Fight Dirty Money - Bloomberg
The United Arab Emirates expects to sign seven extradition agreements with countries around the world this year, underscoring a push by officials to cleanse the country’s image since a March “gray-listing” by a global financial watchdog.
The UAE has 37 mutual legal assistance and extradition accords in place, including pacts with the UK, France, Italy, India and China, a spokesperson at the Executive Office of AML/CFT, the UAE government body responsible for tackling illicit finance issues, said in an email to Bloomberg News.
“We expect to have seven additional agreements this year,” the spokesperson said without naming the countries. “Negotiations and discussions on this matter are ongoing with a number of the UAE’s other partners around the world.”
The comments follow a string of high-profile arrests over the past week in Dubai, the nation’s commercial hub. The UAE is now in talks to extradite two members of the Gupta family, accused of looting billions from South Africa -- the brothers have always denied the allegations.
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