Emirates Gold suspended from LBMA, links with Zimbabwe’s ‘Gold Mafia’ reported
One of the Middle East’s largest gold refiners has been suspended as an affiliate member of the globally recognised independent authority for precious metals, the London Bullion Market Association (LBMA), amidst speculation about links between the beneficial owners of the Dubai-based refiner and money laundering…
Whistleblower claims EY mishandled gold trading investigations
A whistleblower is suing one of the so-called big four professional services firms for failing to disclose improprieties in a gold refiner’s trading activities. Ahmed Rihan accuses his former employer EY of mishandling an audit of the activities of the Dubai-based Kaloti group. Allegations In…
