" Corrupt foreigners who launder their "dirty money" by buying properties in Britain will have their names published as part of a new crackdown, David Cameron is expected to say on Tuesday.
The Prime Minister will vow to strike “the biggest blow in a generation” against the “cancer” of corruption by seeking to publish the ultimate owners of secretive foreign companies used to buy property in Britain.
Purchasing high-value mansions in London with anonymised offshore accounts is regarded as an easy way for foreign criminals and corrupt foreign leaders to “clean” large sums of money in a single transaction.
The National Crime Agency has warned that the trend is pushing up house prices in the capital by pushing wealthy buyers down the chain in a "ripple effect".
Speaking in Singapore, Mr Cameron will say: "The UK must not become a safe haven for corrupt money from around the world. "
"I want Britain to be the most open country in the world for investment. But I want to ensure that all this money is clean money. There is no place for dirty money in Britain. Indeed, there should no place for dirty money anywhere.
Source: Foreigners who launder 'dirty money' in UK to be named and shamed - Telegraph
Yeah, that's going to put 'em off, why won't he asked Chelski's owner about source of his money?
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