3 ms·
(Yes, I know UK != Europe, but presume it's indicative) This popped up on the BBC a couple days ago: "Foreigners must not be able to buy UK homes with 'plunder
by ethbro 11y ago
(Yes, I know UK != Europe, but presume it's indicative)
This popped up on the BBC a couple days ago:
"Foreigners must not be able to buy UK homes with 'plundered or laundered cash' as part a global effort to defeat corruption, David Cameron has said."
http://www.bbc.com/news/uk-politics-33684098 http://www.bbc.com/news/uk-politics-33684098
I assume the takeaway is that it's enough of a problem that it needs to be focused on. The article cites $1tn/year being taken out of poorer countries by corruption, and $190bn worth of property in England and Wales owned by offshore companies.