British property 'safe haven' for corrupt cash: report
Tens of thousands of London properties are owned by secretive companies, says Transparency International
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BRITISH property is a safe haven for money stolen from around the world, with tens of thousands of London properties owned by secretive companies, according to a corruption report released on Wednesday.
Campaign group Transparency International found 36,342 properties in London covering 3.6 square kilometres are held by companies registered in offshore secrecy havens such as the British Virgin Islands, Jersey and the Isle of Man.
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