Oligarchs or kleptocrats who try to sell off property in order to avoid it being listed in a new public register may be forced to declare their details upon sale, a minister has said, as MPs vowed to toughen up a new bill targeting hidden wealth.
Ministers have promised sweeping changes to toughen up the economic crime bill, which was rushed through the House of Commons on Monday, as MPs also demanded the closing of loopholes allowing the false reporting of assets.
