UAE Golden Visa holder seized by special forces

UAE Golden Visa holder fights extrajudicial extradition after his estate was stormed by special forces in Dubai.

The prominent CEO is being held somewhere in Dubai but hope is dwindling as the Emirates rulers decide whether to extrajudicially extradite him to Uzbekistan where economically motivated charges are being manufactured. His US Attorney is lobbying for the case to go through court where his client at least has a chance to present his case.

United Cement Group (UCG) owner, Ulugbek Shadmanov, moved to Dubai under the UAE’s Golden Visa where he’s resided for several years. He conducts business, actively invests in the country’s economy under the Golden Visa, which underscores his contribution to the state’s development. UCG is the largest cement holding in Central Asia, operating in Uzbekistan, Kyrgyzstan and Kazakhstan, employing over 7,000 individuals.