British Parliament Report Slams Effects of 'Dirty' Russian Money

2018/5/21 11:13:19

Britain has been a major landing spot for a massive flight of Russian funds since the 1991 fall of the Soviet Union.









By RFE/RL, May 20, 2018


"Dirty" Russian money is undermining Britain's efforts to stand up to the Kremlin and supports President Vladimir Putin's campaign "to subvert the international rules-based system," a Parliamentary report says.


"The scale of damage that this 'dirty money' can do to U.K. foreign-policy interests dwarfs the benefit of Russian transactions in the City," Foreign Affairs Committee Chairman Tom Tugendhat said on May 21 ahead of the release of the report, titled Moscow's Gold: Russian Corruption in The U.K.


He warned that London's markets were "enabling" the Kremlin to spread its influence throughout the West by allowing Russians to buy and sell luxury properties in the British capital.


"Over the years, Moscow has turned from being a corrupt state to an exporter of instability. Russian corruption and influence has become a matter of national security," he added.


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