Dirty money: Russian oligarchs flee to UAE evading sanctions

In the aftermath of Russia’s invasion of Ukraine, and the unprecedented international sanctions targeting Russia’s economy, people and money have been fleeing Russia. Among them are some of the richest people in the world, Russia’s oligarchs, who are the target of both personalised sanctions and international attention. Many of them are making their way to the United Arab Emirates. The Financial Times reported that several Russian oligarchs are establishing business and buying up property in the Gulf nation, hoping to avoid the worst of financial restrictions and a weak currency in Russia, and…

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