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Corruption crackdown good for Dubai - say experts
- United Arab Emirates: Wednesday, September 17 - 2008 at 10:20
Industry experts say the series of arrests and probes into the alleged financial wrongdoings by senior executives in Dubai will eventually benefit the UAE and the entire Gulf region, reported Khaleej Times. Nasser Al Shaali, the chief executive officer of Dubai International Financial Centre Authority said 'increased scrutiny is good for the credibility of the region'. He and other experts urged for a more secure environment against financial crimes and fraud prevention as the International Compliance Association, a UK-based provider of training in anti-money laundering, set up an office at DIFC.
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Jeff Florian, Senior ReporterWednesday, September 17 - 2008 at 10:20 UAE local time (GMT+4)
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