UAE Ramps Up Extradition Pacts in Bid to Fight Dirty Money
Morning fog in Dubai, United Arab Emirates.
Photographer: Christopher Pike/BloombergThis article is for subscribers only.
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.