London toughens fight against dirty money of Russian oligarchs
The British authorities will expand the list of grounds for arresting suspicious accounts.
The National Crime Agency is ratcheting up its focus on targeting Russians with suspicious wealth, Donald Toon, director of the NCA’s economic crime unit, told the Financial Times.
Mr. Toon said it was preparing to expand the use of unexplained wealth orders, which have struck fear into the Russian expat community, to freeze assets in the UK. The court-approved tool allows investigators to seize property unless subjects can explain how they legitimately afford it.
“Are we looking at potential Russian targets? Of course, we are,” Mr. Toon told the Financial Times. “We are looking at high-value Russian assets inside the UK . . . and whether or not we can be in a position to go to the courts and raise sufficient concern to obtain an unexplained wealth order on those assets.”
He added that the NCA was also looking at sources of wealth “from a wide range of other parts of the world,” such as former Soviet Union republics as well as Africa and Asia.
According to FT, roughly £90bn a year of ill-gotten gains washes through the City of London.
Earlier it was reported that the agency was conducting an investigation into 120-140 "corrupt elitists," among whom there are Russian oligarchs and multimillionaires.
Recall that in May the UK Foreign Affairs Committee called on the government "to impose sanctions on individuals associated with the Kremlin and those responsible for gross violations of human rights."
“Enthrone Rostik”. Ex-Mayor of Yalta, acquitted as per request of Prosecutor General’s Office, to return to power?
The Yalta City Court detained notorious developer Yuri Dubrovitsky who has defrauded more than 100 construction co-investors. The CrimeRussia found out that, in the past, Dubrovitsky was charged with swindling and illegal construction in Sochi – but escaped punishment and launched his construction business in Crimea with the support of Sergei Aksenov, Head and Prime Minister of the Republic of Crimea, and Andrei Rostenko, Ex-Mayor of Yalta. The criminal case against Rostenko was closed in December 2018 – Viktor Grin', Deputy Prosecutor General of the Russian Federation, had personally interceded for him. By a weird coincidence, a day before the examination of the cassation appeal in the Moscow City Court, the State Council of Crimea has donated Russia Sanatorium and Resort Complex to the Prosecutor General's Office. The deluxe property 22.8 thousand square meters in size is worth 428.1 million rubles ($6.5 million); its closed territory occupies 14.5 ha of land; and it has a private access to the sea. It became known that Rostenko does not make a secret out of his ambitions to become the Yalta Mayor again. The CrimeRussia reviewed the most recent scandals involving ‘unsinkable' Rostik.