Jump to content
House Price Crash Forum
PeanutButter

London housing money laundering caught

Recommended Posts

https://www.theguardian.com/uk-news/2018/dec/21/azerbaijan-leaders-daughters-tried-to-buy-60m-london-home-with-offshore-funds

 

“Details emerged in a disciplinary tribunal into the solicitor who carried out the transaction, Khalid Sharif. Sharif – a senior partner with the London firm Child & Child– admitted failing to carry out money-laundering checks and breaching his professional code.

The tribunal fined him £45,000 and £40,000 in costs. He is the first UK professional to be punished following the publication in April 2016 by the Guardian and other media of the Panama Papers – 11.5 million leaked documents from the Panamanian law firm Mossack Fonseca.”

 

More of this needed. Every part of the chain is in thrall to dirty foreign money. If rotten oligarchs didn’t hungry-hippo prime London then we’d have a lot less pressure on the market. 

 

Share this post


Link to post
Share on other sites

Plenty of this to be found by those that look.

We have had record high house prices because we have not looked.

The economic dreams of the past will be the nightmare of the future.

Edited by Lord D'arcy Pew

Share this post


Link to post
Share on other sites
7 hours ago, PeanutButter said:

 

The tribunal fined him £45,000 and £40,000 in costs.

 

His lunch expenses are probably bigger than that.  And I imagine it's a safe bet that the reason he didn't carry out appropriate money laundering checks was't "negligence".

Share this post


Link to post
Share on other sites
On 21/12/2018 at 11:37, PeanutButter said:

The tribunal fined him £45,000 and £40,000 in costs. 

Prison? 

How can a benefits cheat get prison and all their ill gotten gains repossessed! 

But someone who launders billions and makes millions get a £45k fine!? 

Share this post


Link to post
Share on other sites
24 minutes ago, macca13 said:

Prison? 

How can a benefits cheat get prison and all their ill gotten gains repossessed! 

But someone who launders billions and makes millions get a £45k fine!? 

+ 1.

Anyone would think that booted and suited middle class types were protected from clink in most cases whereas the hoi polloi weren't.

Share this post


Link to post
Share on other sites
11 hours ago, macca13 said:

Prison? 

How can a benefits cheat get prison and all their ill gotten gains repossessed! 

But someone who launders billions and makes millions get a £45k fine!? 

...because we are a laundrette, and we need dirty money to clean........Duh

In a Normal 40 degree wash we can clean £200b a year.

Screen Shot 2018-12-23 at 23.22.10.png

Edited by prozac

Share this post


Link to post
Share on other sites
On 23/12/2018 at 11:30, macca13 said:

Prison? 

How can a benefits cheat get prison and all their ill gotten gains repossessed! 

But someone who launders billions and makes millions get a £45k fine!? 

Because he's assisting the super-rich in spending time in the UK, and their trickle-own munificence is to be welcomed irrespective of the source of their funds.

Apparently.

If you think that isn't a good thing, and that wealthy elites playing whilst increasing numbers struggle to make ends meet is an indicator of a failed state of the type  said tax-evading elites and their ill-gotten cash come from,  remember that you're guilty of 'the politics of envy'.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 293 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.