Britain sets out 'dirty money' crackdown, wants to hobble Russia's Putin


  • World
  • Tuesday, 08 Mar 2022

FILE PHOTO: Russian President Vladimir Putin attends a meeting with Governor of Saint Petersburg Alexander Beglov in Moscow, Russia March 1, 2022. Sputnik/Alexey Nikolskyi/Kremlin via REUTERS

LONDON (Reuters) - Britain set out ways it would crack down on "dirty money" on Monday, introducing new legislation to "hobble" Russian President Vladimir Putin by making it more difficult for those close to him to use London as their playground.

The much-delayed Economic Crime Bill comes as lawmakers from across the political spectrum call on the government to do more to stop the flow of Russian cash into London, dubbed by some as "Londongrad", in response to Putin's invasion of Ukraine.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In World

Kyiv accuses Russian forces of shooting surrendering Ukrainian soldiers
In boost for Modi, India's BJP set to win 3 of 4 key state polls
UK Labour leader Starmer praises Thatcher in bid to woo UK Conservative voters
Exclusive-Top development banks at COP28 vow to up climate game, quiet on fossil fuels - document
Pope urges world religions to unite against environmental devastation
Explainer-How climate change is making the world sick
Russia attacks Ukraine with 12 drones, cruise missile - Ukraine air force
'Foreign terrorists' behind deadly Philippine bombing - officials
Residents begin to return home after Philippine quake kills one
Russians ease attacks in eastern Ukraine, shattered town may still be held by Kyiv

Others Also Read