Thursday, June 11, 2015

Money laundering via UK 'too easy'


It is "too easy" to launder illegal wealth through the UK and the regime for seizing corrupt assets is "not fit for purpose", a report claims.
Authorities have "limited powers" and must work in a system that is overly reliant on achieving a conviction against individuals in the country where the money was stolen, Transparency International said.

Read more in http://home.bt.com/news/uk-news/money-laundering-via-uk-too-easy-11363985880480

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