Winners of the annual Emirates Labour Market Award spoke about how they plan to use the money to build their dream houses, start businesses
uae10 hours ago
The Abu Dhabi Criminal Court, which has jurisdiction over crimes of money laundering and tax evasion, has convicted the accused Asim Ghafoor, who has American citizenship, of committing two crimes of tax evasion and money laundering. This is related to a tax evasion operation in his country, sentencing him to three years in prison and a fine of Dh3 million, with deportation from the UAE.
The case arose upon the American authorities' request for judicial assistance regarding their investigations of the accused for tax evasion and making suspicious money transfers to the state, and their inquiry about his bank accounts receiving those transfers and related transactions.
ALSO READ:
The UAE Public Prosecution (PP) in Abu Dhabi started its procedures to implement and study the judicial assistance request and verify the nature of the financial transactions related to the aforementioned accounts and bank transfers, and found suspicion of money laundering crime that occurred in the country, through the accused’s carrying out international transfers without proof of their source.
Based on the findings of the Public Prosecution's investigations, the accused was referred in absentia to the Abu Dhabi Criminal Court on charges of tax evasion and money laundering, which issued a ruling in absentia penalising him with imprisonment for a period of three years, a fine of Dh3 million and deportation.
The UAE Public Prosecution praised the mutual coordination to combat transnational crimes with the United States, which led to the arrest of the accused, and his presentation to the Abu Dhabi Criminal Court in accordance with the legal procedures established in this regard.
Winners of the annual Emirates Labour Market Award spoke about how they plan to use the money to build their dream houses, start businesses
uae10 hours ago
10 lucky fans will have the once-in-a-lifetime chance to meet the eight-division world champion
uae attractions11 hours ago
ASAS 2024 brought together over 1,000 young talents from 50 nationalities under the theme 'Art and Innovation'
kt network11 hours ago
While President-elect Trump's administration originally filed the search case against Google during his first term, he indicated he might not break up the company
tech12 hours ago
The gathering explored the cutting edge of cinema, new media, PR and marketing, IT technologies, eSports, and game development
kt network12 hours ago
Passengers were currently being prevented from entering the building
world12 hours ago
Users will be able to select transcript language, too; here's how the new smart tool works
tech12 hours ago
With the new tariff, Yango Ride users can expect comfortable, modern limo vehicles starting from a minimum fare of Dh15.6
kt network13 hours ago