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 to The Star Yearly Premium Plan for 30% off

Cancel anytime. Ad-free. Full access to Web and App.

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.39/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

'Japanese First' party emerges as election force with tough immigration talk
Ex-Epstein lawyer calls for release of additional Epstein materials
Men wade into rushing waters in South Korea to save stranger stuck in a manhole
Trump says he will help Afghans stuck in the UAE
'The Destination' shines a light on Saudi Arabia's new image as it moves towards a global future
Manila crowd cheers Pacquiao comeback, draw and all; veteran comes close to bagging title in improbable comeback
South Korea national security adviser travels to Washington ahead of tariff deadline
Death toll of Vietnam's cruise ship accident revised to 35, four people still remain missing
Kenyan police arrest rights activist Mwangi over role in deadly protests
China’s local governments urged to use legislation ‘propeller’ to power economy

Others Also Read