The Economic Crime Act allows the government to convey the impression that it is ‘doing something’ about the proceeds of kleptocracy being laundered in the UK – but far more fundamental and far-reaching reform is needed, writes Áine Clancy
“This is only the beginning” warn activists, as they occupy a Belgrave Square townhouse said to be owned by a sanctioned Russian billionaire – and call for others to “squat oligarchs’ properties everywhere”
The increasingly common crime of imposter fraud hit the mainstream this week with the airing of nightmarish ITV thriller Our House, in which a family returned from holiday to find an unknown couple moving into their house. Jayna Patel talks us through the real-life case that inspired the show, and offers some practical tips for avoiding a similar fate…
“If an agreement is not reached by the end of March, I have been clear that government will impose a solution in law,” warns the Housing Secretary, “and have taken powers to impose this solution through the Building Safety Bill.”
“Time is up for Putin’s cronies hiding dirty money in the UK and this new legislation will help to crack down on economic crime, including removing key barriers to using Unexplained Wealth Orders,” says Home Secretary Priti Patel.