4th December 2024
Dodgy money plagues British property purchases – claim
A new analysis finds £5.9 billion worth of suspicious funds have been used to purchase UK properties through shell companies registered in Britain’s Overseas Territories.
Since 2016, the Transparency International UK organisation says it’s identified £11.1 billion of questionable funds invested in over 1,600 UK properties.
The organisation claims that the secrecy provided...