Dubai busts 2 major money laundering networks worth Rs 1493 cr

Dubai authorities have successfully foiled two major international crime networks involved in money-laundering operations worth Dirham 641 million (Rs 14,93,11,27,090).

The Dubai Public Prosecution referred an Emirati national, 21 British nationals, two Americans, a Czech national, and two companies



owned by the Emirati national to the Criminal Court of First Instance at Dubai Courts.

The accused face charges of laundering Dirham 461 million (Rs 10,73,82,98,890), forging official documents, and using falsified documents to conceal the illegal origins of the funds, the Dubai Media Office (DMO) reported.