Abdulla bin Ahmad Al Ghurair

Documented profile covering 2 controversies, including “Mashreqbank: $40 million settlement over AML and sanctions compliance deficiencies” and “Mashreqbank: $100 million settlement over breaches of US sanctions against Sudan”.

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Profile No. 0523 · Updated on 13 October 2026

2Documented controversies

3Sources

0Formal charge · all time

0Conviction

§ Legal statuses reflect the documented sources as of the date shown; they replace neither court decisions nor the presumption of innocence. Counts are not a rating. Methodology

I. Documented controversies

2005-2021

Mashreqbank: $100 million settlement over breaches of US sanctions against Sudan

Civil / administrative proceedings — against Mashreqbank

Protagonist not prosecuted — these proceedings are not counted in their formal charges or convictions.

In 2021, Mashreqbank agreed to pay 100 million dollars to resolve a US investigation into breaches of the Sudan sanctions regime. Authorities stated that the bank had routed approximately 4 billion dollars in Sudan-related payments through the United States between 2005 and 2009, followed by other prohibited payments until 2014, and that information had been omitted to avoid alerts. Abdulla Al Ghurair chaired the bank during the period.

State of the evidence: Settlement
Person targeted by the proceedings: Mashreqbank
Role of the person profiled: Protagonist not prosecuted

Sources · 2

[1]
ReutersMashreqbank agrees to pay $100 mln to resolve US probe into Sudan sanctions violationsMediaHigh reliability
[2]
ForbesAbdulla bin Ahmad Al Ghurair & familySecondary sourceHigh reliability

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2018

Mashreqbank: $40 million settlement over AML and sanctions compliance deficiencies

Civil / administrative proceedings — against Mashreqbank

Protagonist not prosecuted — these proceedings are not counted in their formal charges or convictions.

In October 2018, Mashreqbank agreed to pay 40 million dollars to the New York State Department of Financial Services. The regulator found that the bank and its New York branch had failed to maintain an effective, compliant anti-money laundering programme and had deficiencies in sanctions compliance. Abdulla bin Ahmad Al Ghurair, Mashreq's founder, was still its chairman.

State of the evidence: Settlement
Person targeted by the proceedings: Mashreqbank
Role of the person profiled: Protagonist not prosecuted

Sources · 2

[1]
ReutersDubai-based Mashreqbank reaches $40 million settlement with New York regulatorMediaHigh reliability
[2]
ForbesAbdulla bin Ahmad Al Ghurair & familySecondary sourceHigh reliability

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II. Constellation of documented links

No documented link with another published profile for now.

Two profiles are linked when a documented controversy of one names the other. The link points to that controversy and its sources; it does not indicate a personal relationship.

III. Has something changed?

A new court decision, a missing source, a mistake? Tell us what should be updated: every request is read by the editorial team.