Foreign affairs select committee to look into government’s apparent inability to crack down on money laundering

Russian oligarchs’ use of London to launder their fortunes is to come under renewed scrutiny after the Conservative-controlled foreign affairs select committee agreed to re-examine the government’s apparent inability to crack down on the practice.

The inquiry will be a concern to the Foreign Office, which has frequently been accused of leaving a gap between its tough anti-Russian rhetoric and failure to control either money laundering or those in the UK that enable the corruption.

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