UK committee warns gov’t of Russian ‘money-laundering’

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May 21 2018

A U.K. parliamentary committee has said the British government is risking the country’s national security by allowing “kleptocrats and human rights abusers to use the City of London to launder their ill-gotten funds to circumvent sanctions.”

The report — titled Moscow’s Gold: Russian Corruption in the U.K. — by the cross-party Foreign Affairs Committee criticized the government for its approach to tackling international money laundering.