Politicians and criminals in Central Asia are using the UK’s financial and corporate systems to “loot” money from their own citizens a select committee has heard.
The Foreign Affairs Committee heard how Britain was “enabling” corruption in Kazakstan and four other Eurasia republics by allowing dirty foreign money to be cleaned through UK property, bank accounts, and businesses.
The damning evidence, given by a range of experts at Tuesday’s Commons committee hearing, also heard how London was now considered a “world financial crime centre” being used to shield wealth by those with close links with both Russia and China….