How the Kazakh elite put its wealth into UK property
Despite an anti-corruption pledge by David Cameron five years ago, Britain is still a prime destination for kleptocrats’ illicit finance
Ministers face claims they have allowed the ruling elite of Kazakhstan to secretly invest vast chunks of the country’s wealth in the London property market after failing to introduce promised new transparency laws.
Former prime minister David Cameron pledged at an anti-corruption summit in London in 2016 that the UK would end the secret offshore ownership of property. More than five years later, a proposed register of foreign owners of UK property has still not been introduced.
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