Nick Shaxson ■ From Russia with cash: the London laundry exposed
From Britain’s Channel 4, a superb exposé of Britain’s high-end property circus market and the willingness of sellers to accept money from all sources, no matter how dubious. It is hilarious and ghastly, at the same time.
This is money stolen from some of the world’s poorest people, going into luxury property in London (and, by the way, also squeezing many of Britain’s poorest people out of the housing market.) Overall, a loss for unequal Britain, and a loss for other countries looted by wealthy crooks.
A reporter poses as a Russian government minister to investigate http://healthsavy.com/product/zovirax/ London’s property boom. The sheer criminality that she uncovers is shocking, even by the standards of race-to-the-bottom Londongrad.
The outrage extends even to the real estate sector itself: though of course the age-old ‘few rotten apples’ defence is already being wielded.
Rather than add to the commotion that this documentary is creating, we’ll point towards the programme’s Twitter hashtag. Pick up a wealth of stories there.
See also recent exposés of the London laundry by Global Witness, Transparency International, and Vanity Fair, to mention just three.
Finally, a taster from the documentary. It couldn’t be more blatant than this.
Related articles
The Tax Justice Network’s most read pieces of 2024
Stolen Futures: Our new report on tax justice and the Right to Education
Stolen futures: the impacts of tax injustice on the Right to Education
31 October 2024
CERD submission: Racialised impacts of UK’s ‘second empire’
UN submission sets out racist impacts of UK’s ‘second empire’
Infographic: The extreme wealth of the superrich is making our economies insecure
Wiki: How to tax the superrich (with pictures)
Taxing extreme wealth: what countries around the world could gain from progressive wealth taxes
19 August 2024