London earned the nickname ‘Londongrad’ as the preferred destination for wealthy Russians. Many came to the UK unvetted on a 'golden visa' system. But the government is now scrapping the scheme in a crackdown on money laundering. Watch: Newsnight
London has earned the nickname ‘Londongrad’ as the preferred destination for wealthy Russians - some with links to the Kremlin.
It’s been estimated property worth more than £1.5bn has been financed with Russian ‘dirty money’ in the UK. Many of the Russian oligarchs who are close to Putin came to the UK unvetted on a golden ticket visa system.So how much influence have these oligarchs had in the UK? And how much Russian money is there in the UK?
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