Prime minister will employ a speech in Singapore to hit out against corrupt foreigners who launder money by buying up British homes through holding companiesDavid Cameron will promise to act against corrupt foreigners who buy up luxury properties in the UK using secretive holding companies to shroud their “dirty money”.
The prime minister will employ a visit to Singapore to make an anti-corruption speech on Tuesday in which he will express concern that some properties,mainly in London, “are being bought by people overseas through anonymous shell companies, and some with plundered or laundered cash”.
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Source: theguardian.com