Photo for illustrative purposes only. ARCHIVE

The Ministry of Economy fined three companies Dh2.25 million after they were found guilty of violating the UAE's anti-money laundering law provisions. Two businesses are in the gold and gemstones industry, and one is in real estate. According to the ministry, these companies committed 32 specific violations of the federal decree-law on Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT), its executive regulation, and relevant resolutions. BKM/ Expat Media
For all the latest news from the UAE and the world, follow us on Facebook, Twitter and Instagram and subscribe to our YouTube page