A number of London service providers have specialized in securely investing in real estate, sometimes illegally acquired assets from abroad.
(Foto: mauritius images / William Barton / Alamy / Alamy Stock Photos)
Berlin, London British Foreign Secretary Liz Truss likes to present herself as an iron lady. On Monday it was time once more: In Parliament she announced “the toughest sanctions regime” once morest Russia in British history. Starting next week, sanctions can be imposed on any person or company with ties to the Russian state.
If Russia invades Ukraine, assets will be frozen and travel bans will be imposed, Truss said. “Those in and around the Kremlin will no longer have anywhere to hide.” The pithy announcement was greeted with laughter by the opposition. Because it’s no secret that the favorite hideout of Russian oligarchs has been the British capital for decades.
The ties are so close that London is sometimes referred to as “Londongrad” or “Moscow on the Thames”. Interdependencies with the British economy and society make it more difficult to take action once morest the oligarchs, the US think tank Center for American Progress recently warned.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Continue
