Reply #50: Thanks for the reminder

[suffragette]

This is also interesting:

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7539274/Gulf-sheikh-Ahmed-bin-Zayed-al-Nahyan-found-dead-in-Morocco.html

The boss of the Abu Dhabi Investment Authority (ADIA), the world's biggest sovereign wealth fund, has been found dead in Morocco.

Sheikh Ahmed bin Zayed al-Nahyan, who directed ADIA's recent acquisition of 15pc of Gatwick Airport, was found four days after his glider aircraft went missing. He was 40.

ADIA, which is thought to have assets worth $627bn (£420bn), declined to comment.

~~~

Although fiercely private, Sheikh Ahmed was considered an active proponent of improving the transparency of sovereign wealth funds. ADIA co-chaired a group of powerful funds that penned the so-called San Diego Principles, the first code of conduct for sovereign wealth funds.


And

Officials puzzle over millions of dollars leaving Afghanistan by plane for Dubai

By Andrew Higgins
Washington Post Foreign Service
Thursday, February 25, 2010

http://www.washingtonpost.com/wp-dyn/content/article/2010/02/24/AR2010022404914.html?hpid=moreheadlines

KABUL -- A blizzard of bank notes is flying out of Afghanistan -- often in full view of customs officers at the Kabul airport -- as part of a cash exodus that is confounding U.S. officials and raising concerns about the money's origin.

The cash, estimated to total well over $1 billion a year, flows mostly to the Persian Gulf emirate of Dubai, where many wealthy Afghans now park their families and funds, according to U.S. and Afghan officials. So long as departing cash is declared at the airport here, its transfer is legal.

~~~

Last month, a well-dressed Afghan man en route to Dubai was found carrying three briefcases stuffed with $3 million in U.S. currency and $2 million in Saudi currency, according to an American official who was present when the notes were counted. A few days later, the same man was back at the Kabul airport, en route to Dubai again, with about $5 million in U.S. and Saudi bank notes.

~~~

Efforts to figure out just how much money is leaving Afghanistan and why have been hampered by a lack of cooperation from Dubai, complained Afghan and U.S. officials, who spoke on the condition of anonymity. Dubai's financial problems, said a U.S. official, had left the emirate eager for foreign cash, and "they don't seem to care where it comes from." Dubai authorities declined to comment.




Hmmm, :freak:

Not sure what all to make of it, but interesting patterns there. Wonder how Prince plans to funnel all his money over to there?