BREAKING NEWS

UK promises to crack down on assets of corrupt oligarchs

By REUTERS

FEBRUARY 3, 2018 13:49

LONDON - Britain will use new powers to seize the assets of foreign criminals and corrupt politicians, The Times newspaper reported on Saturday quoting the security minister.

Investors from Russia, China and the Middle East have poured billions into London, buying everything from luxury properties to entire companies, but the provenance of some of those funds has been questioned by transparency campaigners.

It is unclear how much money is laundered through Britain, but the National Crime Agency has said calculations of between 36 billion pounds ($50.83 billion) and 90 billion pounds ($127.08 billion) are "a significant underestimate."

Qatar passes referendum, replaces Shura Council elections

By REUTERS

11/06/2024 12:31 AM

Netanyahu speaks with IDF chief, Shin Bet and Mossad heads

By JERUSALEM POST STAFF

11/05/2024 11:39 PM

IDF intercepts two drones fired by Islamic Resistance in Iraq

By JERUSALEM POST STAFF

11/05/2024 10:34 PM

Israeli strike on Lebanon town kills 15, Lebanese health ministry says

By REUTERS

11/05/2024 10:08 PM