A recent report by the Organized Crime and Corruption Reporting Project (OCCRP) has revealed that former Ghanaian Minister Inusah Abdulai Bistav Fuseini is among a list of politically exposed individuals who own properties in Dubai, United Arab Emirates.
This report sheds light on how criminals and politicians invest in Dubai’s real estate market to hide their wealth.
The report, published on May 14, 2024, and titled “How Dirty Money Finds a Home in Dubai Real Estate,” provides insight into the methods used by criminals and politicians to stash their wealth in Dubai properties.
The city’s financial secrecy, lack of property taxes, and political stability have made it an attractive destination for those seeking to invest their funds safely abroad, away from scrutiny.
Inusah Fuseini, a former member of Ghana’s parliament and minister, was named alongside other politicians worldwide, including former Nigerian presidential candidate Abubakar Atiku.
The report links Fuseini to six properties in Dubai, solidifying his status as a politically exposed person with significant investments in the city.
Additionally, three other Ghanaians – Anthony Alfred Benin, a former Supreme Court judge, Joseph Kwaku Asamoah, a former Electoral Commission finance director, and Moses Aduko Asaga, a former parliamentarian and National Petroleum Authority CEO – were also named in the report as owners of properties in Dubai.
Asamoah confirmed co-ownership of two properties but clarified that he had not paid for them, suggesting they were acquired by someone else.
The report highlights Dubai’s appeal as a safe haven for politicians and criminals to invest their wealth, should political fortunes change at home.
This exposure raises questions about the transparency and accountability of politicians and their financial dealings.
