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Showing posts from April, 2022

With eyes on 'Londongrad,' United Kingdom seeks to overhaul ties to Russian oligarchs

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  LONDON and WASHINGTON -- To Daria Kaleniuk, a Ukrainian anti-corruption activist, Russian President Putin "has 2 armies." One is visible and obvious, it operates in state, Kaleniuk aforesaid Wed throughout a general assembly hearing in Washington. "But another army is invisible." As Ukrainian forces fight to defend their country from Russia's lengthy invasion, specialists say a second battle is being waged in London. within the twenty two years since statesman sweptwing into power, several in Russia's rich person category have gone abroad. Critics say in several cases it's to launder their cash and name, finding a zero in friendly assets markets and cultural hubs. Now, the wealth they've assembled abroad has return beneath nice scrutiny. in keeping with the anti-corruption NGO Transparency International, a minimum of £1.5 billion ($1.9 billion) price of U.K. property is in hand by Russians with links to the Kremlin or those suspected of economic ...