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After ex-spy’s poisoning, Britain threatens Russian elite’s London assets

After ex-spy’s poisoning, Britain threatens Russian elite’s London assets

Prime Minister Theresa May is armed and could be dangerous to wealthy Russians who park dubious funds in London property and UK-based businesses. Her likely weapon of choice? Britain’s new unexplained wealth orders (UWOs), which went into effect at the end of January and have been used once so far against an unnamed Asian politician. UWOs allow authorities to seize property and assets if a buyer’s income is lower than their purchases and they buyer […]


Source: realdeal

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