How did London become the world’s dirty money capital?
The Bunker
Kleptocracy and the UK's Financial Enablers
This chapter examines the systemic flaws in the UK's financial sector that permit the flow of illicit money, particularly focusing on enablers like shell companies and conflicts of interest in self-regulated industries. It discusses the historical context of corruption and the appeal of the UK for kleptocrats seeking to disguise their wealth, while also analyzing the limitations of current anti-money laundering measures. The conversation highlights the implications of these issues for British society amidst rising geopolitical tensions and ongoing debates about ethical governance.
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