Friday, January 28, 2022

Ukraine Crisis: US Sounds Alarm over Russian ‘Dirty Money’ in London

THE TIMES: Sanctions won’t work because ‘Putin’s money is in Knightsbridge’, say diplomats

American officials fear that they will be unable to impose effective sanctions on President Putin if Russia invades Ukraine because of years of British tolerance of suspect money flooding into London.

Diplomatic sources told The Times that US State Department officials had expressed “dismay and frustration” at the British government’s failure to take tough action against the flow of Russian funds, particularly in “Londongrad”. » | Catherine Philp, Diplomatic Correspondent | Chris Smyth, Whitehall Editor | Friday, January 28, 2022

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