One way or another: British police get a new weapon to fight corruption

Print section Print Rubric:  Police get a new tool to seize criminals’ ill-gotten gains Print Headline:  One way or another Print Fly Title:  Fighting corruption UK Only Article:  standard article Issue:  The spotlight shifts from Germany to France Fly Title:  One way or another Main image:  20170930_BRD002_0.jpg FOR successful crooks and corrupt foreign officials, Britain has long been a popular place to stash dodgy cash. Investing a few million pounds in a house in a discreet London neighbourhood is a neat way to hide stolen money. But Britain is getting tougher on such ruses. The government hopes that “unexplained-wealth orders”, part of the Criminal Finances Act 2017, which comes into effect on September 30th, will make it easier to seize the loot of crooked bureaucrats and con artists. The National Crime Agency reckons that up to £90bn ($120bn) is laundered ...