The Malta Independent 25 September 2022, Sunday
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How London became the dirty money capital of the world - FT film

Wednesday, 14 September 2022, 09:46 Last update: about 11 days ago

The Financial Times recently published a lengthy investigation that revealed the involvement of British banks and law firms in money laundering operations.

It said that London had for decades represented an incubator for corruption and criminals from all over the world, and that it did not turn a blind eye to Russian money, but rather welcomed it.

The Financial Times report said that 31 law firms, 86 banks and 177 educational institutions in Britain accepted or moved dirty money from around the world back home. 

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It added that the London Stock Exchange welcomed many Russian companies, turning the United Kingdom and London to their European base.

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