Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexCryptocurrenciesCybersecurityPress Releases

UAE overturns prison sentence for American convicted of money laundering

08/10/2022 | 04:54am EDT

DUBAI (Reuters) - A court in the United Arab Emirates on Wednesday overturned a prison sentence for U.S. citizen and rights lawyer Asim Ghafoor, a lawyer representing Ghafoor said.

Ghafoor was ordered to pay a fine of 5 million dirhams ($1.36 million), his lawyer told Reuters.

Ghafoor was detained last month while transiting through Dubai airport on charges related to an in absentia conviction for money laundering.

($1 = 3.6727 UAE dirham)

(Reporting by Alexander Cornwell; Editing by Toby Chopra)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
EURO / DIRHAM (EUR/AED) -0.21% 3.516 Delayed Quote.-15.38%
US DOLLAR / DIRHAM (USD/AED) -0.01% 3.6729 Delayed Quote.0.00%
Latest news "Economy & Forex"
04:29aSaudi Arabia to finance $63 million highway project in Senegal
RE
04:28aAnother mine dam wall collapses in South Africa
RE
04:27aNigeria regulator to probe oil firms on compliance, gas plans
RE
04:26aUniCredit CEO says firms, families are adjusting, sees recovery at end-2023
RE
04:26aDenmark's defence minister: it might take a week or perhaps two…
RE
04:24aDoorstep lender NSF needs fresh capital raise after covenants breach; shares tank
RE
04:23aLondon stocks slide amid economic "tug-of-war"
RE
04:22aUkraine says it will never agree to Russian ultimatums
RE
04:20aBank of England says instantaneous trading and settlement too challenging
RE
04:17aEuropean shares slide to 21-month low on mounting recession worries
RE
Latest news "Economy & Forex"