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The Guardian - UK
The Guardian - UK
World
Rob Davies

‘It’s about bloody time’: UK finally moves to block Russia’s ‘dirty money’

Kwasi Kwarteng, secretary of state for business
Kwasi Kwarteng, secretary of state for business, sends ‘a clear message to those thinking about using the UK property market to launder ill-gotten gains’. Photograph: Hannah McKay/Reuters

Britain has long been a haven for people of negotiable integrity to stash their cash, often via property deals made with the help of an army of lawyers, PR advisers and bankers.

Not only are super-mansions in London and the home counties a safe bet from an investment point of view, but the ability to disguise ownership via a labyrinthine network of shell companies offers a degree of anonymity to those who prefer their financial dealings to remain secret.

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