UK: Unexplained Wealth Orders.

[Milky Moon]

This:
Circular 003/2018: unexplained wealth orders leads to this: Zamira Hajiyeva: UK court lifts anonymity in unexplained wealth case - CNN .. So be aware ..

 

[Martin Everson]

I have been watching that case. UK needs to be careful though. If they ask everyone that bought property over £5m in London to prove how they acquired their wealth they will have find 99% of it was bought with dirty money. Dirty money is the only reason London has a high end property market...lets not pretend otherwise

 

[countryfree]

We shall note that this woman is from Azerbaijan. Not a big player on the world scene, and I guess there aren't many rich Azeris in London. I wonder if they would dare to go after the Russians.

 

[fanban]

propaganda?

 

[Martin Everson]

The UK are specifically targeting Russians .

"About a fifth of suspicious property purchases from 2008 to 2015, £729 million worth, were made by Russians, according to anticorruption watchdog Transparency International."

Bloomberg - Are you a robot?

Britain steps up efforts to target dirty money from Russia, corrupt elites | Reuters

 

[countryfree]

Hmm, come to think of it, I remember reading an article about Abramovich's troubles, but I thought he was an isolated case. Anyway; it looks bad for the UK. If they leave the EU, they will have a lot to lose if the Russians leave.

I guess rule N°1 will be once again to keep a low profile.

 

[blizz]

Oh well it does not comes to an surprise!