x Abu Dhabi, UAETuesday 23 January 2018

'Suspicious' bank deals on the rise

UAE's financial firms have reported a 25 per cent increase in 'suspicious' transactions in the first five months of this year.

The country's financial firms have reported a 25 per cent increase in "suspicious" transactions in the first five months of this year as the UAE steps up vigilance, Abdulrahim Al Awadi, head of the Central Bank's anti-money laundering unit, told Reuters yesterday.

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