Join us as we uncover the truth behind Britain's 'kleptocracy capital'.
Award-winning and investigative journalist Oliver Bullough joins this week's The Laundry episode to discuss how London has become a safe haven for the world's wealthiest people to hide their stolen money and spend it with no questions asked.
Bullough explains how the problem originated and how the lack of regulation in the UK has enabled oligarchs, criminals and kleptocrats to use London's banks to launder their wealth.
Don't miss this exciting episode about how London became the money laundering capital of the world.
From this episode, you'll learn:
00:00 - 09:11 What inspired Oliver to write the book, \"Butler to the World\"
09:11 - 15:32 How Britain became a world-class enabler of financial crime
15:32 - 21:32 Oliver takes you through the \"Kleprocrat tour\"
21:32 - 23:28 How Britain has turned Gibraltar into the \"world's biggest online casino\"
23:28 - 26:31 The register of overseas owners of UK properties
26:31 - 37:44 Why the current AML regulations don't work
37:44 - 42:06 The recent EU ruling on UBO registers is a complete disaster
42:06 - 45:06 The politicians are failing to address money laundering adequately
45:06 - 48:00 How do we clean up this mess?
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