It is strong on transparency but weak on enforcement
Tag: oomph
Britain’s war on dirty money lacks oomph
WHEN Bill Browder investigated a $ 230m fraud perpetrated by Russian officials against his investment company, Hermitage, he uncovered a money trail that led to several financial centres, including London. At least $ 30m of the stolen money flowed into British banks. Much was moved through British shell companies with British nominee directors, one of […]
