XXXV, No 17, 11/09/2017

Exposed: “UAE slush fund financed D.C. think tank from offsets”

The hacked email account of Yousef al-Otaiba, the influential UAE ambassador in Washington, has provided some startling insights into the Emirates’ offset arrangements. The emails reveal that the UAE created a “slush fund” from offset obligations and funnelled money meant for domestic economic development projects to a high-profile think tank in the United States in order to curry favour for arms sales.

 

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