According to investigations from the International Consortium of Investigative Journalists (ICIJ), BBC Panorama, Premières Ligners, and Global Witness culminating in a report in 2020, the Dubai gold dealer Kaloti Jewellery bought precious metals from sellers accused of laundering money for drug traffickers and criminal groups. It was also accused of purchasing Sudanese conflict gold in 2012. Between 2007 and 2016, more than US$9.3 billion worth of Kaloti transactions were flagged in suspicious activity reports.  In 2013, auditors from EY and Deutsche Bank (where Kaloti held accounts), identified suspicious activity indicative of Money Laundering. Whistleblowers from both firms reported being ostracised as a result of raising the alarm on Kaloti, and the EY partner leading the investigation later sued EY for covering up the company’s failings and pushing him out of the firm. The London High Court awarded him US$11 million – a decision that EY is appealing.  Following reports of Kaloti’s suspicious behaviour, the US Treasury commenced an investigation into its financial transactions and email communications. Between 2013 and 2016, four major banks closed accounts associated with Kaloti. However, the Treasury ultimately closed the case without charges or a designation of Kaloti as a Money Laundering threat.