A Canadian business entrepreneur, held for investigation in Dubai - International money laundering..

A Canadian business entrepreneur ,has been held for further investigation in Dubai for his role in international money laundering.

The business architect whose real name is Thomas Frank Nunez was stopped on his way from Turkey Istanbul heading to Toronto Canada but transited in Abu Dhabi Dubai and found with a huge amount of money($4,200.000) which seems to look like fraud or money laundering.

The Emirates intelligence monitoring unit discovered that the documentation backing up the funds Mr Thomas Frank Nunez was travelling with is invalid. According to the constitution any amount more than $10,000.00 caught with anybody should have a clearance certificate to back it up to prove that the money was not stolen or hijacked..

In 2022, a law has been placed that whoever is seen with such case should be sentenced by the royal court for a combined total of 10 years or charged guilty to pay a fine of $210,000.00..

Chief officer, Mustapha Jawad said the operation demonstrates the "effectiveness" of our strongest deterrent to be criminal networks seeking to launder money in our island.

"It also illustrates how SOJP works closely with our highly professional colleagues at the NCA – they are an agency to be reckoned with.”