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Britain gets out the broom to clean up dirty money in London property

New law will allow the seizure of homes from foreigners who cannot explain how they paid for them
Monday, May 1, 2017 - 05:50

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The measure is intended to stop wealthy individuals from laundering their money through buying mansions in the affluent London boroughs of Knightsbridge (above) and Hampstead.

London

BRITAIN took a significant step towards exposing dirty money in the London property market last week, passing a law allowing the seizure of homes from foreigners who cannot explain how they paid for them.

Anti-corruption campaigners hailed the "unexplained wealth orders" as

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