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Dubai: The New Crime Capital?

Sunday, 11 January 2009 One Comment

We at the TheDubaiLife came accross this little feature in the British tabloid paper, the Mirror, which more or less says that most crime lords are shunning the spanish resorts, (or Monaco, or Rio or Mexico or some other place that has sun and sea) for, well you’ve guessed it – Dubai.

Apparently, Dubai has all the right credentials for fleeing crime lords:

Crime bosses are fleeing to the United Arab Emirates state because there is no extradition treaty with the UK. They are also using the property market there as an easy way to launder their millions.

As Dubai grows, in population and size – as well as becoming yet more wealthy – expect not only to see crime bosses attracted to the glittering region but also an increase in white-collar crime. Dubai’s challenge, just one of many, is to see if it’s archaic attitudes and systems are ready to govern a modern super city.

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One Comment »

  • sunil said:

    why not, it’s so easy with lax trade laws….and the booming real estate sector which makes it a haven to hide cash. dawood used to be in dubai and will probably soon circle back….they keep rotating here and there

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