Commons foreign affairs committee criticises ministers’ complacency and ‘unwillingness to bring forward legislation’

The government’s failure to tackle Russian kleptocrats laundering “dirty money” through the UK has led millions of pounds used to finance Putin’s invasion of Ukraine to flow through London, a powerful committee of MPs has warned.

The commons foreign affairs committee said ministers’ complacency over “morally bankrupt billionaires using the UK as a safe deposit box” had led to “assets laundered through the UK … financing President Putin’s war in Ukraine”.

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