Interview: Expert explains Russian oligarchs' dirty money

[@АнастасияЕлистратова-к2я]

British lawyers are devil's creation. I am a Russian woman living under poverty line for all my life. Not able to get education despite it being mostly free, but I did not have money for enough food, for the rent and clothes. Now we will be forced to live under iron curtain once more. When I was 7 years old it was a beginning of a new millennium and I hoped to escape poverty only if I study well. I was just a little girl but I understood that Soviet Union was a terrible place to live in and I am really lucky to be born in the 90ies. Putin returned us to even worse version of Soviet Union combined with Victorian Dickensian style capitalism. My generation had absolutely no chance. Please arrest those lawyers and return our money back home after Putin falls

[@nickbarton3191]

Despite not getting the education you wanted, you're remarkably well informed. Can you tell us how widely your views of your government are held in your country?

[@SkepticalTeacher]

Anastasia, I'm so sorry that ordinary people are being affected by the sanctions, but it's the only chance to get rid of Putin and stop the war, and also for there to be a chance of real change in Russia.

[@НатальяЕлистратова-й9э]

@@nickbarton3191 not many, but enough to make a political change about 30% of population but the problem is those people are dispersed all across 11 time zones in several big cities. Political change can only begin with Moscow however Moscovites are too fat and happy comparing with all the other regions to bother. Of course there are protesters in Moscow but it is a drop in the ocean. Only westerners can help now providing Ukraine with offencive weapons. All major changes in Russian history followed an embarasing loss of a huge war

[@nickbarton3191]

@@НатальяЕлистратова-й9э thanks for your view. So hard to get objective POV.

[@НатальяЕлистратова-й9э]

@@nickbarton3191 If you are interested in this topic check recent Navalny investigation called "Putin, Miller, Gazprom" to understand the scale. It is in Russian but there are good subtitles. Most of Russian soldiers who kill in Ukraine are not even proffesional soldiers but more of mercinaries. They are ready to kill to make some money and loot ukranians because Russia is so broke with Putin's 22 years of Grand corruption.

[@izzytrue8630]

They are NOT finally doing the right thing. They are saying they are going to do the right thing. And that is Johnson's Government in a nutshell. It's never about what it's doing NOW. It's always about what it will do tomorrow - but with this government tomorrow never comes!!!

[@benghiskahn3673]

100% on the money - Johnson's Government is good at telling us about all the great things they're going to do, but they never actually deliver on anything because they always promise well beyond that which they are willing to actually do. Everything is spin, like the 40 new hospitals......

[@helveticaification]

So true. Always the same story.

[@tonyb9735]

Never listen to what Boris says. It's pure misdirection, like a magicians patter. Instead, watch his actions, for there lies the truth.

[@chimps4gimps]

Not convinced a Labour government would be any different unfortunately.

[@markwilkie3677]

@@chimps4gimps Neither am I. I`m Scottish and people here realised some time ago that Labour are the other cheek of the same arse as the Tories.

[@salvatorva64]

If we need to find the real reason behind Brexit, this is it. The EU is increasing the legal arsenal to fight against dirty money: it is no coincidence that the politicians who received donations from Russian oligarchs are the same ones who campaigned for the Brexit.

[@azmodanpc]

Financed Trump and plenty of right wing politicians in Eu.

[@DM-kv9kj]

Putin wanted Britain to leave the EU. These people don't want nations working together, they want them broken up and weak and inwardly divided and distracted.

[@herrglotzenschnitzengruber1510]

Absofuckinglutely,

[@roberta9833]

Thank you very much for addressing the topic. Talking about this is very important. It will help people become aware of what's going on.

[@tonyb9735]

As with brexit, far too many people prefer the comfort of ignorance and sunlit uplands.

[@terracewalker8919]

The only way is growing public awareness, voicing it and demanding something is done. Before we criticise Rusian people for not acting we should look to ourselves.

[@DM-kv9kj]

​@@terracewalker8919 But "growing public awareness" doesn't work anymore. Because the internet and endless 24/7 news media all with different companies and political parties backing them, just pumps out constant misinformation, half-truths, full on propaganda and just plain ignorant opinions and echo-chamber madness. You can strain yourself until blue in the face desperately trying to make people aware of any given corruption, but it won't go far and often only fuels those who have already long ago decided they know everything. Unfortunately, the whole of society, globally, needs to radically change the whole way we run countries, media companies and even the internet. But that requires a majority of the world's population being forced into caring and making an effort to work TOGETHER to change things for the benefit of everyone, nit just themselves, their companies, their politics, their opinions, their own little back yard. How? I have NO idea, but it does seem like people are hell-bent on learning everything the hard way. It may well take nuclear destruction of most of the world and most nations and another century or two to end up with people caring enough and making the effort to change society. Ultimately, people have to change inwardly first, before society can really be changed for good. Until people change themselves and stop being corrupt, fundamentally, any outward expression of society and changes made will always remain part of corruption.

[@britishrose9417]

someone described it as "trying to removed the eggs from a baked cake" - you can't remove the money, you can just try to prevent it in future

[@fergusokane]

Let the people eat the cake.

[@kevinu.k.7042]

Oh, but you can to a goodly degree. When a Kleptogarch hides money ten layers down through shell companies it is just a case of tracing where the money came from and then legally seizing it, if appropriate. This is done with organised crime money, but less so in our under-regulated city. . Money is not the same as eggs in a cake. More like nuts, hidden in a cake.

[@brynleytalbot778]

Remove the eggs from our baked economic system and the cake collapses. We’ve been holding our financial system up with whatever monetary input is available. Western governments don’t care about the source, till public opinion turns, they only care about ensuring the free market ideology survives. Restoring any balance will bring pain, especially to the voting middle class the Tories increased with lavish giveaways. Lots of gossiping but in the end no desire to relinquish gains made in the “good” decades.

[@murrayscott3513]

Congratulations on getting the internet.

[@maddoctor99]

Yes - that someone was Joe. Here. Yesterday. It’s a good analogy.

[@stephenphillips4609]

It took me living in a developing country to realise how remarkably corrupt Britain is. Where I live, kleptocracy is relatively unambitious and banal. In Britain, the scale and ambition (building the infrastructure of corruption and money laundering) is staggering

[@SarthakBhatia]

Not only that many Indian/Chinese billionaire bank loan defaulters are now living in the UK and were given refuge here.

[@SkepticalTeacher]

It's just more subtle. And more ingrained in the Establishment. Instead of money in envelopes, it's jobs for the boys and peerages.

[@andrewwoodgate3769]

It's not possible to talk about Russian dark money, its links with London and Government inaction without also talking about Russian funding of the governing party.

[@007JHS]

Whatever figure in millions you put on Tory graft, corruption and bribery from the Russians.. put a zero on the end of it.

[@dnyhan]

Or without asking why the Russia Report was suppressed.

[@007JHS]

Watch, listen to, and absorb the implications of this: kzbin.info/www/bejne/lZrMfKN_o9yCpbc

[@polyvalent603]

Sorry but your politicians have little to no intention of curtailing the Russian oligarchs activity in the City of London nor any of their offshore tax havens 1. Because so many of the politicians have already been bought. 2. The City is making too much money from the Russians even if trading with Russia is curtailed there is still a large amount of money (billions of pounds) that still requires ‘day to day’ management!

[@helveticaification]

Those who are up for sale are for sale to the highest bidder, however vile. A lesson from history that is hardly ever learned.

[@Relugus]

They are also giving them 30 days, so they can easily move their assets., making it pointless.

[@PortilloMoment]

@@Relugus A variation of the 4 Stage Strategy (Yes Minister). "In stage 1 we say, 'Nothing is going to happen'." "In stage 2 we say, 'Something may be about to happen but we should do nothing about it'." "In stage 3 we say, 'Maybe we should do something but there's nothing we can do'." "In stage 4 we say, 'Maybe there was something we could have done but it's too late now'."

[@dylanmorgan2752]

You're most likely correct, it was the British establishment who after all elevated these horrible people to these positions and insulated them in the first place. If they we're able to overlook all the blood they had on their hands to begin with, why are a few thousand dead Ukrainians going to matter to our esteemed political class? Truth be told it's clearly just the govt cowering in the face of mass call for change, only to go back to the old system as soon as the war has blown over and the public loses interest. Just look at the libel laws as one example, UK supposedly has the most stringent libel laws of almost any other nations. Why? well clearly not to actually protect the average UK citizen from invasive and predatory journalism from the likes of the tabloid army, the biggest offender being the Sun paper. But in fact to protect Abramovich et al from criticism on the part of honest journalism in the publics best interest.

[@DE-xt7jv]

Don’t apologise

[@johnryan7932]

"It has taken the invasion of Ukraine to finally make the government sit up and say, gosh, maybe we shouldn't have taken this money". I see no evidence that the tory government have said any such thing, in fact, yesterday Liam Fox pointed out that since BRITISH trade unions fund the Labour party then perhaps it is ok for oligarcs to fund the Tories, you know, just to even things up.

[@oddunb6190]

The entire regime is rotten to the core All sides. London has been washing money since tax was invented.

[@maddie_1122]

never forget that the british government gave putin a state visit while he ordered the army to invade chechnya

[@eturfrey]

Yes wasn’t that under Tony Blair’s watch.

[@kentpirate2411]

People need to read up on what the ‘City of London’ is.

[@barnettmcgowan8978]

That was a good interview. I must admit that my opinion of the integrity of British government is seriously shaken. Aiding an abetting money laundering is boss level corruption.

[@markwilkie3677]

Broken not shaken.

[@efcdom1878]

What made you think they had integrity in the first place?

[@dnyhan]

HSBC / Mexican Cartels was the red line I thought...until the Post Office scandal and the Loan Charge scandal. Innocent people sent to prison and bankrupted.

[@tvdinner325]

The safest places to keep their yachts, is in the UK. Boris will protect his money.

[@benjamindejonge3624]

You put exactly the finger what started the whole Brexit

[@MazzaEliLi7406]

May opined that the current UK PM was a security risk way back when. Given that he & the UK Cabinet have been compromised is this still the case? SV & JRM were both implicated in high level fiscal scandals before they were given a safe Conservative & Unionist seat in the Commons. Tories (outlaws) one & all. Although all the major UK Political Parties have been infiltrated by the Tories since the 70s. I am 73 & remember all too well.

[@danrudge5997]

Damn Hugh Grant knows his shit.

[@johngoss4815]

There's a reason why nothing has been done. Whose benefiting from turning a blind eye? How much money has the conservative party received as donations?

[@Robert-uo6qi]

Kick the Oligarchs out NOW!!!

[@Mrc172]

When it comes to London in particular, it's all about dirty money.

[@terracewalker8919]

I doubt that the Tories will act, they appear to have been complicit. Sadly the voting public have been duped into voting for them. Voting for decency would be a good start.

[@sirrathersplendid4825]

Not duped at all. The alternative was far more obnoxious even than the Tories.

[@terracewalker8919]

@@sirrathersplendid4825 impossible except ultra right thugs.

[@joco2826]

All parties are complicit

[@davewilson9738]

Oh no we dit ent! Russian money is all legal in the UK...Boris told us.

[@tempodread6348]

the victorian undertaker reese mogg makes a fortune from his russian investments

[@brinjoness3386]

The Victorian undertaker, classic. I will have to interchange between that and the honourable member for the 18th century.

[@davidbull7210]

The dishonourable member for 18th Century values with 21st Century financial arrangements and I use the word member in the anatomical sense.

[@grantmck9659]

It's one thing to have corrupt dirty money in London but on the other side of the coin the politics in this country is run on favours and keeping mouths shut , very much moral corruption. At some stage when you look around everyone has blood on they're hands and knives in they're backs. It's just a matter of degrees of culpability.

[@timsutherland8691]

We're no safer from sociopaths and narcissists in maturity than we are in the school playground. Control the mad, certify the powerful as sane.... let the world breathe for once.

[@natemonroe2559]

we have good laws against this kind of thing already? No...we forced through brexit specifically to keep our offshore tax havens...what a load of bollocks.

[@MazzaEliLi7406]

Agreed. Brexit was pushed through to evade new EU legislation to make Tax Evasion & Money Laundering more difficult. Switzerland is not a member of the EU but is surrounded by EU States so, in self defence, is now much less corrupt than the UK banking system. If Putin & his oligarchs can be frozen out of the money moving system then so can the UK since we are no longer protected by our former European allies. UK cabinet Ministers will do the minimum by way of solidarity with the EU & a slew of other third countries to avert this outcome. Self interest is the a more likely motivation than solidarity with socialist principles of a mixed economy , democracy & a welfare state etc.

[@ncammann]

And the whole promise of "Global Britain" was a smoke screen to keep making money off all the Dark money and the tax it generates. If the UK Government ever tries to clean up the London money market, they will have to get the taxes from somewhere else. And it won't be from the wealthy donors to CON-Self-Servative Party Party.

[@MazzaEliLi7406]

@@ncammann The 'Dark' money is not taxed. That at what Tax havens are for. The money is hidden from the tax collectors &/or laundered by the purchase of buildings corporate yachts, shell companies etc., The UK PAYE Taxpayer carries a heavier burden of tax than in most other countries because private enterprise hides money from the Inland Revenue. Likewise the UK consumer carries a heavier burden of indirect Tax Via VAT etc., The consumer also pays a disproportionally higher price for Utilities, Health Care, & the Transport system which has been sold off to Foreign Private enterprise & in some cases sold on to foreign governments. A high proportion of the money that UK consumers pay for these essentials leaves the country & a much lower proportion stays in the UK for maintenance, expansion & development. Resources such as North Sea Natural gas , which is the cleanest of the fossil fuels, was sold off as soon as it was in the pipeline for a quick profit rather than a long term benefit. The UK Taxpayer/Consumer has been bilked by its own government in the same way that the Russian Population has been robbed by their rulers.

[@ilsekuper3045]

@@MazzaEliLi7406 🎯🎯🎯👍 sustainability .. . Can somebody explain this expression? Must be quite unfamiliar in the English language .

[@MazzaEliLi7406]

@@ilsekuper3045 More a case that the current UK government is only interested in short term profit. Sustainability would support the low paid workers & their dependents. Profit equals bribes for favours. The Current Government does not care about the population. The UKs' PM is infamous for saying in an interview re: covid, 'Let the bodies pile high'.

[@gitfoad8032]

'Londongrad' must be 30yrs old. Russian dirty money leads to 'British' dirty money. Go figure. [instant siren outside, au naturelle]

[@brynleytalbot778]

There’s always been corruption but, like the middle class, it was a constrained subset of society. Unleash free market economics with vast sums of money released from publicly owned assets and you rather give the Russians a blueprint for financial success. Rather than pump money into The City under the illusion of giving it to the public, or vacuuming up oil revenues to fund political vanity projects, Russia used it to build a strong arm oligarch subset. Perhaps Russia is better at the free markets than Westerners.

[@gitfoad8032]

@@brynleytalbot778 - Explain how the middle class is a constrained subset of society, please.

[@brynleytalbot778]

@@gitfoad8032 Historically the emergence of the middle class was constrained by its definition as those whose sole or majority income was derived from asset income, comprising rents, dividends, and interest. Thatcher redefined it to increase the illusion of being middle class, a social engineering project, no doubt envisioning a society who couldn’t endorse socialism as it’d threaten their own financial position. Hence Blair rising on New Labour, the emulation of Conservative values, to win power.

[@kentendo6453]

Good to know Oliver has another book on the way. Moneyland was a good read, although distressing due to the content. Another book worth reading is Kleptopia by Tom Birgis.

[@grantmck9659]

Thanks for the recommendations I'll give them a look👍

[@kentendo6453]

@@grantmck9659 just a correction on my part but it's Tom Burgis not Birgis, and you're welcome 👍

[@terracewalker8919]

Thank you for speaking out. The London Oligarchs in London should be striped of all their assets and sent home on foot. I’ve heard people crying out to the Russian people to rise up. Maybe we should start in London. I’m ashamed of my country for facilitating this outrage for so long. Now children women elderly the infirmed are being butchered in Ukraine. What more will it take?

[@jerryburrows6206]

Highly enlightening. Thankyou.

[@ChubbyChecker182]

I think the Tories get a lot of donations from Oligarchs.

[@nicodesmidt4034]

Great video, keep going !

[@ThatsMe1010]

Interesting and informative

[@ingridschmid1709]

Ah but then the only real reason to get Brexit done would be moot.

[@DavidDavid-gc9rm]

THEY ARE NOT DOING THE RIGHT THINGS! BECAUSE THESE ARE NOT IN THEIR INTERESTS!

[@fergusokane]

If 50% of the business class's money is offshore, it seems like a pretty quick solution for those countries harboring it (that have good enough laws) just to seize it, which governments can just do (potentially not in the case of countries like Switzerland). However aversion to socialism and government intervention in financial markets means that doesn't happen. So the question isn't really are the government funding the war, it's is the ideology of the government (and any other political actors who shunned left wing economic ideas) compatible with solving this problem as quickly as possible?

[@rabidbigdog]

It has long past the time that electoral politics is going to solve the challenges of inequality or climate change - a French-style, messy revolution is required.

[@brinjoness3386]

Ima guessing you can't operate a successful tax haven if you are known to confiscate the money people park. Not good for advertising.

[@fergusokane]

@@brinjoness3386 I more mean cause of ridiculous banking secrecy laws, in that it’s difficult to know what’s what (at least that’s my understanding of it).

[@kildogery]

I think dressing any of this up as naïvety is very generous. It's just capitalism.

[@mrnobody3161]

So in your world morals and ethics have no place in Capitalism. Some Humans Ain't Human, I guess.

[@kildogery]

@@mrnobody3161 yes my world is the real World. Show me these "morals and ethics".

[@deanmcinerney2324]

True

[@ujean56]

Joke of the day: "ethical capitalism".

[@robertreynolds6072]

As opposed to murderous communism.

[@MazzaEliLi7406]

@@robertreynolds6072 Pragmatic socialism is what is favoured in the most successful & democratic economies. Putins' regime is Fascist not Communist. WW2 was fought for Peace in Europe & against Fascism. Ukraine is fighting not only for themselves but for Peace in Europe & against Fascism. The Russian people who have demonstrated against this war have done so in the full knowledge that Imprisonment & worse would be their fate. A new law has been passed in the UK that also means the end to peaceful protest. UK citizens who protest even individually can expect to face up to 10 years imprisonment from now on. The Lords tried to slow the process of the Bill though Parliament & the Good Law Project tried to stop it but to no avail. S.O.S.

[@robertreynolds6072]

@@MazzaEliLi7406 Remove the first sentence, and I would agree. You are mixing up terms.

[@MazzaEliLi7406]

@@robertreynolds6072 Socialism is pragmatic & favours a mixed economy as do most successful economy's. Communism & Fascism are both autocratic & are successful only in making a few very wealthy & the majority disproportionately poor. The UK is not a successful economy. Russia is not a successful economy. Both are fascist. Neither are democratic in any real sense of the word. Ergo the UK will not qualify to join the EU in the future because it is undemocratic, its economy is unsustainable, its banking system is even more dubious than that of Switzerland, it is in the process of removing Human, Civic & Workers Rights, the Executive is soon to over rule the Legislature, & the Judiciary so it will be a police state where MPs & police officers will be exempt from prosecution. Peaceful protest is now unlawful in the UK just as under Putins 'regime. Zero Hour contracts have been legal in the UK for a long time whereas they are illegal in the EU. The EU economies are recovering from the Covid set back but the UKs economy is not. EU countries have functioning Public Health & Welfare Provision whereas the the UK has privatised so the public funding leaves the UK & is received by Foreign share & stock holders. The same is true for UK Transport systems some of which have been sold on to other governments. The Utilities are likewise owned by other companies & in some instances by other governments. The UK can print money for a while but the National debt must somehow be serviced or the four nations will be bankrupt because of Londongrad disaster capitalism & government asset stripping. Whew. S.O.S. Cheers from the North of England. p.s. I am 73 years old so I am not likely to live long enough to see a revival of Parliamentary Democracy or a decent standard of living or a better standard of education but I will go on campaigning for improvements for as long as I am able so to do.

[@Christinebanks11]

joke of the year, urjean56! 🖕😆

[@timhanser1943]

Excellent, thanks.

[@ruaraidhmac8171]

Scotland's oil built London's Financial Complex...

[@ravencoin_premium_admin_assets]

Hodl our RENMINBI unique RAVENCOIN token

[@youtubeisnow1984]

THANK YOU for this video!! You are absolutely correct!! I am from Miami, 50 years old, and I"ve watched real estate prices here sky rocket from illicit funds FLOOODING in from Russia... they own immense real estate here... also Israel is now, and has been, helping the Russian oligarchs launder blood money as well... could you please do another video covering recent news how 14 PRIVATE JETS recently landed in Israel, no one is saying who was on board these planes and also Israel has refused to join the International community to sanction these killers/criminals... please continue following the money.

[@5ufo]

And what if oligarchs will just move money to countries outside of Europe? And Europe won't be able to control them in future? It could be worse

[@krismos6618]

This is really excellent explanation.

[@snezdimi6695]

Great video!

[@ivanlaws622]

Publish the book on the Internet, NOW!

[@bear6323]

The West in general has helped Russia do what they are doing. Capitalism is good but when the dollar takes place over morality and integrity then all bets are off. We have helped bring this on ourselves.

[@oddunb6190]

That’s why nobody can afford to live in London anymore

[@helmutzollner5496]

Very interesting!

[@ivanlaws622]

Never Surrender! Arise, Resist & Defeat any Aggressor! All Democracies; destroy any Tyrannical Dictators! Live for Liberty, Fight for Freedom, Pray for Peace!

[@joshuabell7761]

Forgive me for joking, but I thought this man was Seth Meyers at first

[@davidpearn5925]

Under resourcing oversight authorities is a common strategy for governments that aren’t genuine in pursuit of criminal behaviour.

[@kevinu.k.7042]

Great Vlog. Good luck with the book! I am ashamed to be British with the current Neo-liberal government and the amoralism which necessarily accompanies that. We really must do two things now. First root out ALL dirty money and introduce proper regulation in the City. Secondly to restructure our Judiciary along the lines of other European states whereby Judges are not chosen from Barristers, Solicitors and such like with a wink and a handshake, but that it is made a proper career path. Aligned with that again we need to copy the European model whereby the incredible sums needed to defend a law suite (currently about £1.5 million when an Kleptogarch is suing) and so make the law available to the people. The current system makes journalists, authors and even the law enforcement agencies very careful about taking Kleptogsrchs on. The U.K is in need of a clean up and part of that is to call the Tory party what it is - Neoliberal, so that all can leanr the term and it's implications to the commoners like myself.

[@brynleytalbot778]

As Hislop so eruditely put it the sub committee was held in a building, Parliament, where formerly the lobbyist money was sugar. This corruption has been endemic for centuries. We now focus on foreign influence to hide our own interests. The City can’t be fully regulated as it’s independent, the Square Mile. As our Empire collapsed a replacement of the financial revenues was required, which gave birth to tax havens. When our tax codes are stacked up they look like a tower of telephone directories. This enables the wealthy, who can afford lawyers and accountants, to exploit it. The government has no interest in simplifying a system that benefits it. As corporations increase employment their tax dodges are overlooked because employees can’t avoid taxes. Non jobs proliferate within such a system. The better the pay, hence the drive for high end tech employment, the greater the tax take as the basic threshold is broken. More taxes, more state apparatus, and greater totalitarianism from the government. I doubt things will get sorted out as our government is adept at pointing the finger elsewhere diverting attention from the schemes it created to attract foreign money, Russian then Chinese.

[@kevinu.k.7042]

@@brynleytalbot778 You make some good points. The financial sector is regulated in other countries and the EU has regularly protested at the lack of regulation of the City. It can be regulated and must be. The City Charter can be revoked and it must be. As for this government pointing the finger elsewhere. It's unreal how they get away with it, but then when I consider the hue of most of the British press, I am not surprised. It's simple. We can fight for something better, or we can lie down at night on the neo liberal, corporate interest highway. What did Ukraine choose?

[@Fourcupsofcoffee]

Now lets do the same to money coming in from China

[@DE-xt7jv]

What it takes is a US President for leaning on Boris to do something

[@djsmithe]

"The ethical British". HaHaHa

[@brianevans2819]

Dennis Skinner made the speech in the Commons, when he said half the Tories where crooks, he should have said half the politicians in the Commons are crooks.

[@bluceree7312]

This is The Sopranos in action.

[@3coins.]

Great report, as these oligarchs die off, they leave a vacuum, that is filled by cartels, gangs and chaos

[@sirrathersplendid4825]

... And Saudi money, don’t forget that. At $120 a barrel they can easily afford to buy the rest of London.

[@finlayfraser9952]

All regulatory agencies have been progressively starved, and denuded by the Tories.

[@briansteele2723]

Whenever benefiicial ownership registers ar set up the uk companies, some top 10 accounting firms, make money restructuring the companies so that the rules are complied with but the actual shareholders are not declares. Instead tge directors of private trust companies including noninee directors from the accounting firms are declared,. So a BO register is in place in the BVI for example but the actual owners names….. scarcely reported

[@MsTAMILIAN]

Why do you keep saying corruption takes place in third world countries 🙄? Almost all laundered money from the poor of the developing countries end up in Swiss banks and UK's tax heavens. Then you blame the third world countries 🙄 . Whats wrong with you?

[@MsTAMILIAN]

Quite happily uses the word corruption against the third world countries but says he is just dissapointed at the Govts measures to deal with corrupted UK

[@benanderson5490]

"Looking to pursue ethical capitalism"😂😂😂😂😂😂

[@bobsingeton2719]

Great video... shame about the totally unnecessary 'backing track'. 🤬

[@didierlemoine6771]

Corruption is legal in Britain

[@teacoffee5847]

There are also Chinese, German, French, Spanish businesses too... You gonna hold this city accountable for any future f*ck up??.. I feel you need to get out more because every city in the world has different businesses from around the world.... 🤦‍♂️

[@Robert-uo6qi]

It’s the F ing Putin Russians in Ukraine.. they might want to go home before they have serious health problems if they stay here..

[@DizzyVizion]

Conservative Party... nuff sed

[@Willburys]

The British Politician Class has no interested to closed the Way to the billions of Pound.

[@doubleducks814]

Every country is corrupt London is just very good at it.

[@michaelamsz1774]

Londongrad

[@stephinepaul7483]

The Russians L-O-V-E sending their Children to the BEST English-Scottish(but MOSTLY English..)Public/Private Schools.

[@charliebryce3783]

The Tories don't want to upset the gravy train

[@damienflinter4585]

It cannot be solved from Britain...at least not until Assange is freed and B£air tried for the crimes Assange revealed. Breath-holding inadvisable.

[@kevingrainger2530]

You don't need music to keep the attention of your viewer, unless you are from north America.

[@charliebryce3783]

I hope Oliver your not personally under threat

[@bananasinpyamas9005]

If enough volunteers had to stand up to storm that Russian neighborhood in London, I would now book a ''return in business''

[@peterwilson3454]

yes ...primeminister

[@LeeFall]

At first i thought "is this Hugh Grant?" Then i realised he is just a repeater.

[@annusa3682]

British economy will collapse without dirty money.

[@nickbarton3191]

I think not. Offshore dirty money costs 10s of billions in lost tax revenue.

[@jounik]

@@nickbarton3191 That's intentional and built into the system. Filling those holes in tax revenue is what austerity is for, but 10% of the country's tax income is provided by the City laundromat.

[@nickbarton3191]

@@jounik the whole of the financial services sector only provides 8.6% of GDP 2020. It's not all dirty, problem is we don't know the extent of the washed money as most of it is offshore. It's definitely not feeding the UK economy except for keeping fat city cats in champagne.

[@sirrathersplendid4825]

@@nickbarton3191 - Well that champagne flows down to fill quite a few bellies in Central London at least.

[@declanmcmahon8647]

Hugh Grant's lookin good

[@neilburns8869]

Of course what you say is more than likely to be true, but do you really think that any of so-called financier types could actually give a Castlemaine XXXX about whether they were responsible or not? Sadly I very much doubt it.

[@azmodanpc]

Trump is going to lose his pension. Maybe he's going to prison after all.

[@HannuKaleviElo]

No More🤣🤣🤣👻

[@superspecialty5169]

Ethical capitalism! Is there really such a thing? Maybe, but not all the time!

[@superspecialty5169]

I maybe naive, but isn’t that what Switzerland banks do?

[@hanric2000]

The banking systems in a number of countries (incl uk and its oversea territories) are/were in on this. Moving those Russian money around was easy and very profitable. And politicians all over the world did preciously little to stop it, which in my opinion is why we are here today and contributing to a lot to people giving up on the established political parties.

[@MrJonny895]

Its because Swiss Bank accounts are in your name (but tax free). UK offshore accounts are tax free and not in your name.

[@anoopwalia8484]

total gdp of current world around 110 trillion $ 10%(black money) 11 trillion us $ is housed made legal money in europe every year just pust 10% tax(which is nothing to 50% or more) on that world is easily loosing 1.1 trillion $ every year it is equal to that of countries like italy/australia so on... every year thor

[@kieranoconnor4334]

longdongrad!

[@paulkirton8945]

Call me cynical, but aren't we denying ourselves another source of income when we need every penny we can get right now.

[@lukasnovotny4095]

No Paul, the dirty money laundered in London isn't actually taxed - it's stored in off-shore tax havens. The only people who benefit is a tiny group of connected lawyer, bankers and politicians.

[@anoopwalia8484]

take all this black money outta world every person can buy double things in same money because it can used to do extraordinary things easily thor

[@michaelamsz1774]

Chelseagrad

[@darrenwalton8918]

What's with your BRITISH BASHING BRO??? at least the English brother is trying to explain so can inform us,so we can stand up against it, but THE SCOTTISH BLOKE IS JUST TRYING TO GET A JOB WITH THE SNP, which has made me question this HOLE VIDEO, which is WRONG because THIS IS IMPORTANT

[@michaelamsz1774]

Torygrad

[@robertfulton4415]

The interview is accent makes it almost impossible to understand the conversation

[@andreaclarke2745]

Puzzled .What is your accent ? Sounded fine to me . He had some small hestitancies ,but not due with his accent

[@PoliticsJOE]

This might help: en.wikipedia.org/wiki/Scotland

[@jims6235]

@@PoliticsJOE 🤣 I don’t blame them though. Lol

[@peregrine7303]

He has a lovely Scots accent 😍

[@fabscams4136]

The problem is, the UK is only a very small player here - other countries, Germany for example have 5 times the amount of Russian dirty money and they aren't even the biggest. Please check Patrick Boyles recent videos, they are excellent kzbin.infovideos

[@Burbituate]

I got "its out in march" heavy accent speaking far too fast...stopped there.

[@suffocated]

Well...when are you going to look at arab money? Or are you discriminating now because of the war? What about African dictator money? Hm?

[@davidroberts6549]

The English rentier establishment will do ANYTHING to sustain their unearned entitlements. Especially once their overseas colonial grifting dried up at the end of the empire.