Hyderabad, Aug. 5 -- Dubai-based Indian-origin businessman and Desi Bling star Satish Sanpal has said that no competent enforcement or regulatory authority in the United Arab Emirates (UAE) has issued any official announcement or public disclosure regarding recent allegations against him.

The statement follows media reports claiming that the UAE's Financial Intelligence Unit (FIU) had directed banks, financial institutions and virtual asset service providers (VASPs) to temporarily freeze assets linked to Sanpal, his wife, Tabinda, and several associated companies as part of a reported money laundering investigation.

In a statement shared with Khaleej Times and Lovin Dubai, Sanpal urged media organisations to verify information obtained ...