03-02-2018 11:13 via uk.news.yahoo.com

Russian oligarchs will have to account for wealth

Russian oligarchs suspected of corruption will be forced to explain how they acquired their lavish lifestyles in the UK, a Government minister has said.Around £90bn of illegal funds is laundered through the UK every year, a shady world recently highlighted by TV series McMafia.Security minister Ben Wallace has told The Times that those using Britain as a haven for ill-gotten gains would be the target of new unexplained wealth orders (UWO), which came into effect this week.
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