Refiner Emirates Gold Is Working to Restore UAE Accreditation
- Emirates Gold was removed from Good Delivery List of UAE
- Suspension followed owners’ alleged link to laundering
Gold ingots are melted down in a gold refinery.
Photographer: Mustafa Ozer/AFP/Getty ImagesThis article is for subscribers only.
Refinery Emirates Gold DMCC said it’s working to restore its accreditation in the United Arab Emirates following its suspension by authorities.
The precious metals refinery — which is among the biggest in the UAE — had its accreditation suspended by a government-chaired committee over concerns its owners had links to alleged money launders, Bloomberg reported on Friday.