Abu Dhabi

Authored by Giulio Meotti via The Gatestone Institute,

Two days after Israel reportedly destroyed an alleged Iranian airbase in the city of al-Qiswa near Damascus in Syria, Yemen’s Houthi rebels claimed they fired a cruise missile toward the $20 bilion Barakh nuclear power plant in Abu Dhabi in the UAE (which is still under construction) which "successfully hit its target", the group’s television service said on its website Sunday, however without providing evidence.

Over the better part of the past year, we’ve documented the curious case of 1MDB, Malaysia’s government investment fund founded in 2009.

It’s a long and exceptionally convoluted story that doesn’t exactly lend itself to a concise summary but suffice to say that the development bank was something of a black box right from the beginning and in 2013, some $680 million allegedly tied to 1MDB ended up in Malaysian PM Najib Razak’s personal bank account just prior to an election.

Earlier this week, we told a fascinating story about an unprecedented, multi-year smuggling ring involving Turkey, Iran, and Dubai (as well as China, Russia and countless other nations) which saw corruption reaching to the very top of the political and financial establishment: from president Erdogan in Turkey, to one of Turkey's richest people, Iran-born Riza Sarraf, to Sheikh Sultan Bin Khalifa Al Nahyan, the son of the ruler of Abu Dhabi and one of the world's richest people. The smuggled object in question was gold, billions of dollars worth of gold.