Authorities in Abu Dhabi prosecuted Asim Ghafoor in cooperation with US
The Abu Dhabi Felony Courtroom, which has jurisdiction over crimes of cash laundering and tax evasion, has convicted the accused Asim Ghafoor, who has American citizenship, of committing two crimes of tax evasion and cash laundering. That is associated to a tax evasion operation in his nation, sentencing him to 3 years in jail and a high-quality of Dh3 million, with deportation from the UAE.
The case arose upon the American authorities’ request for judicial help relating to their investigations of the accused for tax evasion and making suspicious cash transfers to the state, and their inquiry about his financial institution accounts receiving these transfers and associated transactions.
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The UAE Public Prosecution (PP) in Abu Dhabi began its procedures to implement and research the judicial help request and confirm the character of the monetary transactions associated to the aforementioned accounts and financial institution transfers, and located suspicion of cash laundering crime that occurred within the nation, by means of the accused’s finishing up worldwide transfers with out proof of their supply.
Primarily based on the findings of the Public Prosecution’s investigations, the accused was referred in absentia to the Abu Dhabi Felony Courtroom on prices of tax evasion and cash laundering, which issued a ruling in absentia penalising him with imprisonment for a interval of three years, a high-quality of Dh3 million and deportation.
The UAE Public Prosecution praised the mutual coordination to fight transnational crimes with america, which led to the arrest of the accused, and his presentation to the Abu Dhabi Felony Courtroom in accordance with the authorized procedures established on this regard.