Inusah Fuseini Condemns Dubai Real Estate Money Laundering Practices Accra, Ghana – Former Minister of Lands and Natural Resources, Alhaji Inusah Fuseini, has strongly condemned the findings of a recent report exposing the widespread use of Dubai real estate to facilitate money laundering and illicit financial activities. The report, titled “How Dirty Money Finds a Home in Dubai Real Estate,” highlights the alarming trend of wealthy individuals, including politicians and criminals, using offshore companies and luxury property investments in Dubai to conceal their ill-gotten gains. In a statement released to the media, Fuseini expressed deep concern over the involvement of Ghanaian nationals in this illicit scheme. “It is disheartening to learn that some of our fellow Ghanaians are implicated in these nefarious activities,” he said. “Such practices not only tarnish the reputation of our country but also undermine our efforts to combat corruption and financial crimes.” Fuseini called on the government to take swift action to investigate the allegations and hold those responsible accountable. He urged law enforcement agencies to collaborate with international partners to track down and prosecute individuals engaged in money laundering through real estate. “We cannot turn a blind eye to this brazen display of financial misconduct,” Fuseini emphasized. “The government must send a clear message that Ghana will not tolerate the use of its citizens or its territory for illicit activities.” The report also raised concerns about the lax regulatory environment in Dubai, which allows shell companies and anonymous property ownership to flourish. Fuseini urged the United Arab Emirates (UAE) government to strengthen its anti-money laundering laws and regulations. “The UAE has a moral obligation to help stem the flow of dirty money through its real estate market,” he said. “By implementing robust measures to prevent and detect financial crimes, Dubai can restore its reputation as a reputable destination for legitimate investment.” Fuseini’s statement comes amidst growing international pressure on Dubai to address its role in facilitating illicit financial activities. The report has sparked investigations by law enforcement agencies worldwide and has cast a shadow over Dubai’s status as a global financial hub.Former Ghanaian Minister of Lands and Natural Resources and Member of Parliament, Inusah Fuseini, has responded to a report by the Organized Crime and Corruption Reporting Project (OCCRP) alleging that he owns properties in Dubai worth over $6 million.Former Ghanaian Minister of Lands and Natural Resources and Member of Parliament, Inusah Fuseini, has responded to a report by the Organized Crime and Corruption Reporting Project (OCCRP) alleging that he owns properties in Dubai worth over $6 million. In an interview with Okay FM, Fuseini denied the allegations and stated that the details published in the report, which was published by the Daily Dispatch newspaper, are inaccurate. However, he declined to discuss the allegations in depth, stating that his lawyers are investigating the matter. Fuseini suggested that the allegations could be part of an attempt to divert attention from scrutiny of former state ministers. The OCCRP report identified 20 apartments in six different affluent areas of Dubai allegedly owned by Fuseini, with a total value of $6,940,330. Fuseini stated that he is unaware of some of the properties that the report claims he owns. He declined to confirm or deny ownership of the properties in Jumeirah, Dubai, stating that he is not familiar with the area. Fuseini’s comments are available in a video embedded in the article.Former Member of Parliament (MP) for Tamale Central, Inusah Fuseini, has reacted to recent reports about Dubai’s real estate market being used as a haven for “dirty money.” In an interview, Fuseini stated that illicit financial flows from Africa to Dubai and other parts of the Gulf region are a significant concern. He noted that such flows undermine the economies of African countries and contribute to global inequality. “It is crucial to address this issue through robust anti-money laundering and anti-corruption measures,” Fuseini said. He welcomed the recent efforts by the United Arab Emirates (UAE) to enhance its financial transparency and combat illicit activities. However, he emphasized the need for greater international cooperation and information sharing to effectively tackle the problem. “Ghana and other African countries must also strengthen their own financial systems and institutions to prevent the outflow of illicit funds,” Fuseini added. Fuseini called on the international community to prioritize the fight against illicit financial flows. He stressed that this would contribute to promoting economic development, reducing poverty, and fostering transparency and accountability.