Russian 'dirty money' is damaging UK security, MPs say

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Government must stop money laundering by ‘kleptocrats and rights abusers’, which is helping Putin subvert international rules

A powerful committee of MPs has warned that the government is putting national security at risk by allowing “kleptocrats and human rights abusers to use the City of London to launder their ill-gotten funds to circumvent sanctions”.

The foreign affairs select committee said the government’s lax approach to tackling international money laundering is putting money “directly into the hands of regimes that would harm the UK, its interests and its allies”.

Related: Breaking Bad to the Paradise Papers: all you need to know about money laundering

Successeful @GazpromEN bonds sales in London with demand three times higher than the placing (€750 mln). Business as usual? pic.twitter.com/oJWa5J5Fut

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Source: russia
Link : Russian ‘dirty money’ is damaging UK security, MPs say

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