‘Fitch must review new Ras Al Khaimah evidence’, says UAE expert

‘Fitch must review new Ras Al Khaimah evidence’, says UAE expert

“Fitch must review new evidence that will downgrade RAK’s Fitch Rating”, said UAE country expert witness Radha Stirling, founder of Due Process International and Detained in Dubai, who has approached Fitch.

“RAK’s last Fitch Rating was ludicrous. There was a complete failure to gather effective intelligence on the severity of corruption, judicial stability, political stability and human rights abuses”, Stirling added. “Not only has there been evidence tabled of money laundering, human trafficking and Iran sanction violations, but there is compelling evidence of human rights violations, torture and corruption.