Nearly 40% of dirty money is laundered in London and UK crown dependencies

May 14, 2024

"Speaking to the Bright Blue thinktank, Mitchell said: 'On the issue of dirty money, it is important to recognise that Britain has a dog in the fight. According to some estimates, 40% of money laundering around the world – this is money often stolen from Africa and Africans by corrupt businessmen, bent politicians and war lords and so on – 40% of that money comes through London and overseas territories and crown dependencies.'..."

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