Wednesday, July 29, 2015

David Cameron says ‘Dirty money not welcome in Britain’. Stop laughing, I’m not making this up

In March, it emerged Scotland Yard suspected criminals, tax evaders, human traffickers and drug dealers of having laundered billions of pounds worth of dirty money by purchasing British properties through anonymous offshore companies.

The sheer scale of the problem was uncovered in a report produced by anti-corruption think tank Transparency International (TI) UK. Titled ‘Corruption on Your Doorstep,’ the study warned the UK had become “a safe haven for corrupt capital stolen from around the world.”

The Metropolitan Police said at the time more than £180 million (US$276 million) worth of British property had been subject to criminal investigation since 2004 as potential proceeds from corruption. Detectives added this figure was merely the tip of the iceberg .... http://rinf.com