The UK Government has bowed to pressure to act on evidence that London has become “a haven for the blood money of the world’s nastiest despots”.
New powers will be given to the authorities to seize the assets of foreign human rights abusers who buy homes in Britain to funnel their ill-gotten wealth.
However, the Home Office denied the move amounted to a US-style ‘Magnitsky Act’ – introduced after the corruption whistleblower who died in a Russian prison in suspicious circumstances.
A group of 50 MPs from eight political parties had demanded an amendment to the Criminal Finances Bill inspired by what one called the “murder” of Sergei Magnitsky by the Kremlin. PHOTO: Magnitsky funeral (russian-untouchables.com) READ MORE: http://www.independent.co.uk/news/uk/politics/government-london-homes-for-foreign-human-rights-abusers-assets-magnitsky-act-criminal-finances-bill-a7591656.html