National security ?? Mod has cheap and very safe measures, preventing unnecessary purchase of high premium property. They have a budget and have to stick to it. Economics my friend.
Every western nations wealth is inclusive of plenty of dirty cash from the past, but IMAGINE ignoring the new and growing terrible actions of today in order to get angry at events hundreds of years ago because you have a chip on your shoulder?
@@superaddy8564 why should he be responsible for the deeds of his ancestors? Are all modern day Germans responsible for the Holocaust 80 years ago? Pretty disgusting way to judge people.
this doesnt only apply to Russian visa and investments. It has been happening for many years. Arabs own half off London. Pakistani MPs own massive properties in London. Im sure many others from different countries are doing the same.
Nawaz Shrieff (ex Pakistani PM convict on corruption) is a convicted criminal as he could not prove where his money for avenue apartment in London was brought. He escaped his 8 years imprisonment in Pakistan based on few weeks of leave for health reason & check up in U.K. Today he is here for over 2 years without visa or passport. Can U.K home office do the same for normal people?
Ah well we might see them actually move in to them now most of Pakistan is flooded, Gods wrath is the only justice left now sit back and watch the show
90% of wealthiest nations wealthy because of dirty money. It's not only London, you can see this in dubai, switzerland, even in singapore. Now many poor countries also following the routes.
Britain conveniently always fails to mention the "dirty money" from the Middle East, India, Pakistan and Bangladesh. But this wouldn't be considered as dirty money as this "illicit" wealth is coming from allies, right?! So no harm, no foul.
It wasn't clear what made the money of the Russian functionaries "corrupt"??? Simply because it came from Russians??? How self-righteous the British have become. Are we supposed to forget all of the atrocities committed by these blokes???
Yeah this report skimpt on a few details, but basically all of those houses or flats are owned by Oligarchs- people who got obscenely rich after being given heavy industry during the breakup of the soviet union. If you were lucky enough to be one of those people your networth started spiralling exponentially upwards overnight. Their problem is that their money is dirty and they need a place to store or launder INSANE amounts of it and London has long been a location to do just that because of the value of the city and the tax practises of territories we used to control. The British are undoubtedly giant hipocrites in these matters as you say. However as our atrocities have faded into history and trading became more honest in our country- you could say that we're highly specifically primed to identify when an individual person or company is trading their dirty money on our doorstep.
See if yuo can figure this out > Clean money is taxed to the tune of 72 billion pounds & 6,600 million acres of prime English land & horded away by queen Liz...then Liz still demands her (over) 100 million pounds per year from more taxes, the upkeep of all her horses who live better than out-of-work England. Kind of funny, huh?
The public have known this for years, but the media never wanted to cover it as they benefited from the artificially high property prices in London that they invested in themselves.
As an ex-londoner I can safely tell you that their isn't a single citizens of this city who doesn't hate the obscene wealth of specifically Russian Oligarchs and middle-eastern royalty & oil residing in our city. London property is literally a future-proof investment in case the rugs are pulled out from under them and they need to liquidate assets immediately. No one lives in any of the houses they own; all they are is the physical embodiment of a mountain of dirty cash.
Did i hear correctly?! You're talking about British Capital, that invaded Ireland and tortured Irish people, that capital that colonised Africa and India, had slavery, military alliances with NATO 26 countries that earn money on wars in Middle East, that capital which after each invasion brought the exhibits for their so-called world museums, that country that created the whole industry of historiography with universities to re-write the history of other nations, you're speaking about that capital?! Disgrace!
Kristina do you approve of babies being raped in Ukraine and people being slaughtered by Putin's murderers? Your grasp of British history is quite poor. The Irish Kings invited in the Normans to settle internal disputes, from here the Kingdom of England and Ireland united. This moved on until Irish independence in the early 20th Century. During this time the reformation happened Europe wide and masses were slaughtered on both sides, Most of England and Southern Scotland became protestant whereas the Highlands of Scotland and Ireland remained catholic. From this schism the troubles arrived. It isn't comparable to say Stalin starving 5 million Ukrainians.....How's the price of Vodka?
We've all known this for a while. Now crack down on the British "investors" who buy dozens of properties, turn them into the crappiest living spaces and then charge 700 quid a month to low-income or temp workers.
I doubt UK government will go from rhetoric to actually clamp down on dirty money. There is simply too much to lose, for business, finance, lawyers and tax money. Much of the City is built on dirty money (Russian and other), and finance is the only major industry the UK has left. Instead there will be videos like these during the war against Ukraine to boost morale.
Well, they did exploited huge lands around the world and treated the natives inhumane, they also did drug deals as a country, they're also addicted with wars. Their image will always be this way
In America, holders of high office, generally become rich and their wealth reinforces their powerful place in government or as lobbyists. So the use of the word "oligarch" to evoke an alien, uniquely Russian baddie is disingenuous. This is a non-partisan comment so I won't name names. But if you've voted in an American election, you've probably voted for an oligarch.
Too right! I don't think people in general (let alone most Americans) realise we do not live in a true democracy, rather a democratically elected oligarchy. The democratic side becomes significantly less when you consider the impact lobbyists and wealthy people can have on government policy.
@@Mr_Phage you are free to choose... Free to choose a person, who will benefit from your poverty, and millions of people abroad. If that's a democracy, then we don't need a democracy like that
and in india, pakistan, china? why is everybody picking on the west. at least in the west people noticed that mercantilism is happening and that it is wrong - for asia and middle east its a business as usual.
And 90% of Pakistan's stolen taxpayer money is based in London. Corrupt parasites and their Neo-colonial enablers keep sucking the blood out of South Asia.
Most of Africa's, China's, Indian subcontinent's money is flowing in London via different channels. Indians and Pakistanis are biggest property holders in London
London - a city built on hundreds of years of colonization in Asia and Africa but act so pure, rich and innocent! Take away all those stolen assets that is worse than than the worst city in sub continent! Just check photos from 16th/17th/18th century london and compare them with Delhi/Dhaka/Lahore in the same time frame - you'll get the answer! Its like comparing a sewerage with a Palace! Also for more sources read English literature in that time frame for an authentic view!
Money is usually considered 'dirty' if the owners were engaged in some illegal tax-avoiding scheme, pocketing resources that should have gone to the state budget. In this case, the Russian state budget. Now, with all those all kinds of sanctions trying to bankrupt that state budget, why is it a problem if oligarchs do the same thing? Where's the logic in it?
This is not right. Most of this came from the post WW2 boom. Development of financial services for the modern world. This property is new, not old, likely came from services sale to European firms.
@@RRaymer exactly. Where do you think the money for the industrialisation came from. It came from british colonies like the Americas, africa and india. The british have looted up to 45 trillion dollars from india between 1840-1947. Even today, most of uk's reserves is made of colonial money made from exploiting india and slaves in africa .
@@jdjdbsbsbsnskdkdjx5641 The old 45 trillion nonsense being trotted out by Indian nationalists again haha. That’s more than the entire global economy back then lmao, you can use the brits as an excuse for your shitty country if you like but it’s not gonna make it any better
After home secretary Priti Patel signed the approval of Julian Assange's extradition request last week, nobody trusts the UK gov anymore. Hope the high court does the right thing, where British politicians have failed, and set Assange free. The man has suffered enough already.
May I ask something, just because Russia and Ukraine are at war(pretty much West is financing it for Ukraine) how Russian money automatically becomes so called 'dirty money'? Double standards are appalling.
@@Spudandrowback7D Why it became dirty money just after beginning of war😂?. And everyone knows London is best city for money launderer and financial criminals from all over the world. So, is it only Russian money which is dirty?.
Oligarch = a very rich business leader with a great deal of political influence | Last time I checked, not only Russia but several other countries have such individuals (from EU, USA, Africa, Asia) | Being Russian and rich does not always mean that you are corrupt, can call Putin at 2am or that you are a criminal with dirty money...
@@myra1683 RUSSIAN who got very Rich in 90's were not many... when PUTIN took power in late 99, RUSSIA had only 7 Billionaires... today RUSSIA is the home for 121 BILLIONAIRES. OLIGARCHS are not even more that 4 today...
@@myra1683 The oligarchs are largely a product of the shock therapy/extreme privatization the western elite pushed in 90’s Russia, especially American and British ones. They were right there looting russias wealth too. Now they pretend they didn’t play a part in it.
You think this is the end? You do realise we’ve confiscated Russian assets we encouraged them to buy. Now who’s on top. People been hoping for uk decline since the 1500s
@@jakehall4493 they will get their assets back, its only a matter of time and if they don't, I expect a lot of the British establishment to be visited by men with radioactive brollies
Since, idk like 1600+ ? Did you notice the industrial revolution? the rise of the West? It seems you may have missed a few lessons about how the world got to how it is today, ie the history of the last 500 years.
I was at a compliance meeting, major bank in London, where a compliance officer thought the regulatory authority should be done away with as "we are more than capable of regulating ourselves".
I wonder why the western countries all in the sudden think the Origarch moneys are dirty and feel like seizing them like no tomorrow, not to mention the questionable legal practice of all these actions. why now? why didn't they feel like doing it before the military action in Ukraine? All in the sudden, that gives them the right to seize personal properties? what are the bases?
Because suddenly, a european state (Russia) has attacked another sovereign state and endangered everything that the modern world has tried to build- peace and security. Russia's actions are intolerable in Europe of the 21st century, and i'm SO glad to see that wide swathes of Europe have viciously struck back at Putins regime. The sooner Putin and his cronies die/are brought down the better for the world.
@@ezrathegreatconqueror No, there's a big difference- in Russia NO ONE who is very wealthy is truly able to be independent of Putins mafia government. Also, many Russian oligarchs seized their wealth in the collapse of law and order in the 1990s - using connections to buy up huge swathes of the countries previously state owned industries, against the interests of the Russian people.
When you showed Tinkov's picture accompanying it with the word "oligarchs" I instantly knew how low the quality of this report is gonna be. Oleg Tinkov built his business on his own and has nothing to do with the Russian government.
I'm talking about real estate and infrastructure.. we don't allow foreigners to easily buy real estate but the English countries are exempt and park their money in realestate whilst the governments largely ignore the money Laundering rules that apply to everyone else but them.
@@johnnyguitar2929 you forgot millions that they earned through colonization, slavery, slave trading, genocide of local population, and so on. Look at Elon Musk for example. A billionaire with parents who own emerald mines, and got most of their wealth during apartheid in South Africa, and you'll get the point. It's not about market competition, it's about enslaving labourers, and robbing the countries
Not only in London … well know fact that some people from Asia were paying for properties in Spain with suitcases full of CASH , yes …cash …not money from the bank or a bank transfer
The old money/political class in the UK will do anything to be able to send their kids to the same boarding schools they went to, even wrecking a city if it pays the bills
Not if they're like everyone else's oligarchs. They couldn't care less about their own kids, and have sold the next generations' future so they could live like their envied counterparts in developing and oil nations.
New laws have only been made because they (the UK government and Russian investors) have been caught. Otherwise it would have continued for many more years with back handers passed on.
Lol The USA and UK helped create those oligarchs while ordinary Russians saw their social nets collapse and they starved. At the collapse of the Soviet Union, Russia had some of the most valuable companies in the world worth trillions of dollars and the western elite with their select Russian circle looted the hell out of them, along with pushing shock therapy on the population that was all shock and no therapy
@@hachibidelta4237 Perhaps so, but London really has a greater case than those capital cities in other countries. Considering the way London is governed, it's more similar to the Vatican, BIS, or Washington DC, than it is to other capital cities like Paris or Moscow.
@@marktaurus206 I think he is not talking about the Greater London area. Not even Westminster. I suspect he is refering to the City of London (you know: that square mile between Chancery Lane, Holborn, Charterhouse, Middlesex Street, and the river Thames on the south side) which is a nothing but a corporation where the monarch HAS to ask for permission to enter from the Lord Mayor.
I’ve been working in luxury and fashion since about 2005 and I’ve just been wondering when this would happen. When people talk about rising rents and all this new luxury real estate - a lot of it is used to stash the money of the wealthy. It’s the same thing for Birkins. They just want an easy place to park their money. That’s why most of these places are empty 90% of the time
Yes Yes! I'm actually happy about the rise of NFTs as it's another way for them to store money in something without having to snatch up all the real-estate square footage that our city desperately needs.
yeah it’s Russian oligarchs but it’s also how billions have been siphoned out of Africa. Like this system is how you bribe a politician to sell the mineral rights of their country etc etc
UK government start looting the Russians but who's next? UK citizens? Time will come when Boris start stealing from his own citizens because UK becomes very poor state. Robbing colonies are over.
That's Africa's problem. Companies don't do things for free. If oil is exploitable then it costs money. Africa has no ability to exploit it's natural resources except in a few stable countries. Stop waging sectarian war and perhaps more money could be aimed at improving economies. Selling everything to the Chinese with impossible interest rates seems to be the path they've chosen though.
I feel as though its important to point out that there is a difference between The City of London(where most of the dirty money is) and with London itself
Xi jinpin daughter Changed her surname and became citizens of USA. Xi jinpin 3 sisters used their mother's surname migrated to America, Canada and Australia. They are super richest and living in a luxury life style.
Why are you taking private property from someone, just because there were born in a different country? Isn't that discrimination? Hypocrites, and thieves.
@@Helghast73 Really? How are you going to raise finance for infrastrcuture spending? How are you going to insure? Pay pensions? Clowns who have no grasp of how the world works.
Arrive in London with dirty c..orrupt money, and you will be most welcomed. But oh please, never ever arrive dirty in a dingy crossing the channel, as a war refugee, or escaping persecution. You will be demonised and sent home by some Britishers.
The United States alone has sent almost 80 billion to Ukraine. How many oligarchs do you think were created with that in one of the most corrupt countries of the world. Any doubt Zelensky is not a multimillionaire at this point?
@@icegaming2862 I'm pretty sure that when the majority of folks are paying more than 50% of their income for rent, karma is on the horizon. Civil war comes to mind. The French Revolution as well. But even better, NUCLEAR war. Yaaaaaayyyyyyy
She’s in the area of Belgravia & Kensington. Where Harrods is. All the land is owned by Russians & Arabs. Indigenous Londoners can’t afford to reside here. The London government allowed it. For financial backhanders. They are all anti-English scumbags who should have their heads removed at Traitors Gate.
This situation began way before Mrs Thatcher and I have proof of that because I was working in FX during 1971 for a foreign Bank . We were Dealing with Russia long before the Berlin Wall came down .
In college, I remember reading an article about how London's City wouldn't be impacted by Brexit in any significant way. The person was quoted saying something like: the EU needs London, Paris and Frankfurt do not have the same financial "clout" or "ease of operation" as The City. Now I understand better: they have standards and regulation. This is bad for London: who would want to associate themself with a place where this type of business is rife?
And now after Brexit London is subject to even fewer regulations than before. Free to expand their money laundering operations further, to the further detriment of everyone except the rich and powerful.
@@bojangles5623 when you have a moral freak in your opponents who can strike at a nuclear power plant, then you understand that it costs him nothing to destroy the dam and flood the cities. In this case, you have to make a tactical decision - to retreat in order to save as many lives as possible. Our enemy has no love for his soldiers. The constant "boilers" into which enemy soldiers were driven by their own leadership since 2014 is an indicator of this. For Russia, Kherson, this is its territory. But, much more important for Russians is to avoid senseless losses among Russian people, which our opponent cannot understand. Moreover, by all indications, the decision to withdraw from Kherson was made before the referendum on the accession of the Kherson region to Russia. Knowing this, I wonder if anyone really thinks that Russia will completely abandon Kherson? Although, I can admit, there are short-term informational benefits for the enemy. But, answer yourself honestly: would it be right to sacrifice several thousand lives of soldiers, just not to give the enemy, to get victory in a battle, in an information war that everyone will forget about within two weeks?
Take everything shady out of London and the UK and there would be nothing left Colonialism, slave trade, stealing of artifacts and money from India Africa, etc. And you have the audacity to talk about shady
I dont see how this is a crime by foreigners! All blame should be on British Policy. And why does the virgin islands and other British territories have a different set of financial laws ?
Depends on how u define rich, 10 mil? 100? Billion? If its first then the answer is no, not everyone with net worth of 10 mil in russia is guilty of robbing his own country, but for 100 mil and above the statement is correct.
@PseudoSarcasm Since Russia has a flat income tax of 13%, apparently the British government decided that those people are undertaxed))) Onr can pay less income tax in Russia only if he or she is self-employed and don't make a lot of money.
the international oligarchy or donor class pays or owns most of the politicians specifically in the US and now we expect proper laws and regulations from those politicians??? in what fairytale world people think they r living???
If they would get rid of that horrible furniture at 0:14 , maybe it could be a decent living space. Did they find that sofa in a dumpster dive? So much money so little taste
That flat overlooking the MoD is insane. Surely the government can make compulsory purchases in the name of national security.
Unless they do it without her majesty's decision. 😏
Tom, u purchase it first at the current price. Then let the govt compulsory purchase @ 25% of this price from u in the name of national security
Haha
haha, I love that a Tom Nook comment is top pinned on this vid lol
National security ?? Mod has cheap and very safe measures, preventing unnecessary purchase of high premium property. They have a budget and have to stick to it. Economics my friend.
If you removed all the dirty money from London, then nothing would be left.
The money aren’t even in London, maybe just 5% of it. London won’t feel it.
@@olajong2315 then why don't u guys seize the Russian assets in London? U think there's no reason behind it?
@@Gary-bz1rf 😂Yeah
Don't worry about that , besides Russians are other milllioners in the world , forgot about Arabs !?
Sounds like a dream
Britain referring to anyone’s money as “dirty money” is irony at its best.
💯
They're the real gangster in this story. Used america and the eu to do the dirty job. As usual🤣
Every western nations wealth is inclusive of plenty of dirty cash from the past, but IMAGINE ignoring the new and growing terrible actions of today in order to get angry at events hundreds of years ago because you have a chip on your shoulder?
The house of lords. You know the guys who tell the queen what to do
Did you ask David icky? He is right....
Calling it a “dirty money” while protecting it with laws. Amazing
UK talking about "dirty money" ?
The nation which was wholly built on dirty money.
What an irony.
That's why they use the Poppy flower as a symbol. They remember that their wealth was through opium.
Not wholly people like me flogged out guts out doing daily work plus this poxy nation got dragged into two world wars for our loving european friends
@@arfermo853 well he's talking about the deeds of ur ancestors in Africa & India.
@@superaddy8564 yeah cos no other countries were doing it .
@@superaddy8564 why should he be responsible for the deeds of his ancestors? Are all modern day Germans responsible for the Holocaust 80 years ago? Pretty disgusting way to judge people.
Imagine - the corrupt investigating the corrupt… this has got to be a joke. Nothing will change, mark my words
No mention of New York? Wall Street? NYSE??? Come on!!
@@senianns9522 This video is about London, why would they talk about NY?
@@vkdrk Same dirty stuff everywhere Vlad!
The UK government is becoming very poor... So they start looting the Russians, but who's next? UK citizens?!
@@senianns9522 That's true Se!
this doesnt only apply to Russian visa and investments. It has been happening for many years. Arabs own half off London. Pakistani MPs own massive properties in London. Im sure many others from different countries are doing the same.
Also indian fugitive, fraudster and billionaire
Yes and it's so sad😭😭
Nawaz Shrieff (ex Pakistani PM convict on corruption) is a convicted criminal as he could not prove where his money for avenue apartment in London was brought.
He escaped his 8 years imprisonment in Pakistan based on few weeks of leave for health reason & check up in U.K. Today he is here for over 2 years without visa or passport.
Can U.K home office do the same for normal people?
Ah well we might see them actually move in to them now most of Pakistan is flooded, Gods wrath is the only justice left now sit back and watch the show
Even Indian fraudsters r enjoying in uk
90% of wealthiest nations wealthy because of dirty money.
It's not only London, you can see this in dubai, switzerland, even in singapore.
Now many poor countries also following the routes.
Most of money belongs to India
@@kasunrathsara6331 alot of wealth is from Africa as well
@@kasunrathsara6331 yeah Americans took money from ur home ,when u was living in a cow dung hut.
Poor countries what an oxymoron how can a country be poor yet have so much "dirty wealth"
@@inmeditatewetrust because you park your money in tax free zone......🤣🤣🤣🤣 that's how that happens
Britain conveniently always fails to mention the "dirty money" from the Middle East, India, Pakistan and Bangladesh. But this wouldn't be considered as dirty money as this "illicit" wealth is coming from allies, right?! So no harm, no foul.
I can only hope this is triggering a long overdue clamdown on ill-begotten wealth that will (in time) be targeted at other sources too
Not mention all the dirty money from Dubai.
Let’s not forget Ireland 🇮🇪
There are no "morals" in the offshore world ; every one is just ...a customer.
Ok bhaai
It wasn't clear what made the money of the Russian functionaries "corrupt"??? Simply because it came from Russians??? How self-righteous the British have become. Are we supposed to forget all of the atrocities committed by these blokes???
Yeah this report skimpt on a few details, but basically all of those houses or flats are owned by Oligarchs- people who got obscenely rich after being given heavy industry during the breakup of the soviet union. If you were lucky enough to be one of those people your networth started spiralling exponentially upwards overnight. Their problem is that their money is dirty and they need a place to store or launder INSANE amounts of it and London has long been a location to do just that because of the value of the city and the tax practises of territories we used to control.
The British are undoubtedly giant hipocrites in these matters as you say. However as our atrocities have faded into history and trading became more honest in our country- you could say that we're highly specifically primed to identify when an individual person or company is trading their dirty money on our doorstep.
Never figured out how Russian money before the Ukrainian war was clean money and the very same money became dirty money after the Ukrainian war.😃
indeed.
The Five Minute Hate is why.
It's a miracle.
See if yuo can figure this out > Clean money is taxed to the tune of 72 billion pounds & 6,600 million acres of prime English land & horded away by queen Liz...then Liz still demands her (over) 100 million pounds per year from more taxes, the upkeep of all her horses who live better than out-of-work England. Kind of funny, huh?
Dirty money = money up for grabs
The public have known this for years, but the media never wanted to cover it as they benefited from the artificially high property prices in London that they invested in themselves.
Facts (I agree with you)
meanwhile ordinary brits can’t afford to buy a house
11 mill the world has gone mad lmfao
@@appletree6741 a friend of mine is holding on to his family’s London townhouse due to this property appreciating.
Nonsense, most capital cities in developed countries have expensive property prices.
As an ex-londoner I can safely tell you that their isn't a single citizens of this city who doesn't hate the obscene wealth of specifically Russian Oligarchs and middle-eastern royalty & oil residing in our city. London property is literally a future-proof investment in case the rugs are pulled out from under them and they need to liquidate assets immediately. No one lives in any of the houses they own; all they are is the physical embodiment of a mountain of dirty cash.
Such a shame people like myself can't even dream of owning a property there anymore
@@ashmash4563 I mean, if you have £1M I'm sure you could find a flat somewhere.
Today their money is "dirty", and tomorrow it's yours.
@@IAVeritasI don't think this dude is an oligarch so probably not
Envy is a sin
They pretend like it is only Russian money which is dirty in London.
Yes it’s hypocritical and laughable
A joke
Even oligarchs small country like Malaysia wash their money in London property. Lol
@@xkmal yeah I am from Azerbaijan and London is famous among corrupt government officials here.
Pay particular attention at @9:31
Did i hear correctly?! You're talking about British Capital, that invaded Ireland and tortured Irish people, that capital that colonised Africa and India, had slavery, military alliances with NATO 26 countries that earn money on wars in Middle East, that capital which after each invasion brought the exhibits for their so-called world museums, that country that created the whole industry of historiography with universities to re-write the history of other nations, you're speaking about that capital?! Disgrace!
Add china also......
😂
@@tarapappa1594
China is far above the
West in civilisation,
Culture and historical
sophistication.
@@tarapappa1594 China got invaded by Japan and mass raped and head chopped
Kristina do you approve of babies being raped in Ukraine and people being slaughtered by Putin's murderers? Your grasp of British history is quite poor. The Irish Kings invited in the Normans to settle internal disputes, from here the Kingdom of England and Ireland united. This moved on until Irish independence in the early 20th Century. During this time the reformation happened Europe wide and masses were slaughtered on both sides, Most of England and Southern Scotland became protestant whereas the Highlands of Scotland and Ireland remained catholic. From this schism the troubles arrived. It isn't comparable to say Stalin starving 5 million Ukrainians.....How's the price of Vodka?
During last three hundred years England and most part of western Europe are living with dirty monies but anyway it can't last forever
We've all known this for a while. Now crack down on the British "investors" who buy dozens of properties, turn them into the crappiest living spaces and then charge 700 quid a month to low-income or temp workers.
I doubt UK government will go from rhetoric to actually clamp down on dirty money. There is simply too much to lose, for business, finance, lawyers and tax money. Much of the City is built on dirty money (Russian and other), and finance is the only major industry the UK has left. Instead there will be videos like these during the war against Ukraine to boost morale.
IS finance really the only major industry the UK has left???
Well, they did exploited huge lands around the world and treated the natives inhumane, they also did drug deals as a country, they're also addicted with wars. Their image will always be this way
@@Michael-gt2cf “Addicted to wars”. Where are you from?
@@RAFIKIEI I don't know how ignorant you are in real history. You should travel sometimes and ask the natives of different countries
this is what we call hypocrisy.
I DONT THINK YOU CAN BLAME RUSSIA.THE UK POLITICIANS ARE TO BLAME FOR LETTING THINGS HAPPEN.
That's the business model. Close eyes when sell, seize, sell again
If Prussia was an army with a country, Britain has always been a bank with a country.
yep. And Russia is something else with the country.
@@indatext Vodka with a country.
Send those Indians who took away billions of dollars from India and hide in London enjoying life
Why this protection???
it's racist to do it to a non-white race.
In America, holders of high office, generally become rich and their wealth reinforces their powerful place in government or as lobbyists. So the use of the word "oligarch" to evoke an alien, uniquely Russian baddie is disingenuous. This is a non-partisan comment so I won't name names. But if you've voted in an American election, you've probably voted for an oligarch.
"Baddie" 😆 😆
Too right! I don't think people in general (let alone most Americans) realise we do not live in a true democracy, rather a democratically elected oligarchy.
The democratic side becomes significantly less when you consider the impact lobbyists and wealthy people can have on government policy.
@@Mr_Phage you are free to choose... Free to choose a person, who will benefit from your poverty, and millions of people abroad. If that's a democracy, then we don't need a democracy like that
and in india, pakistan, china? why is everybody picking on the west. at least in the west people noticed that mercantilism is happening and that it is wrong - for asia and middle east its a business as usual.
This really shows why India's financial fraudsters or defaulters are both based in the UK.
And 90% of Pakistan's stolen taxpayer money is based in London. Corrupt parasites and their Neo-colonial enablers keep sucking the blood out of South Asia.
Yes still in British Slavery
@@ethblock Britisher looting habits of indian money.
Most of Africa's, China's, Indian subcontinent's money is flowing in London via different channels. Indians and Pakistanis are biggest property holders in London
London - a city built on hundreds of years of colonization in Asia and Africa but act so pure, rich and innocent! Take away all those stolen assets that is worse than than the worst city in sub continent! Just check photos from 16th/17th/18th century london and compare them with Delhi/Dhaka/Lahore in the same time frame - you'll get the answer! Its like comparing a sewerage with a Palace! Also for more sources read English literature in that time frame for an authentic view!
Mate you cant compare something that happened ages ago.
Same as Paris and Brussels. Build out of bleeding Africa for centuries.
@@warumdach738 why not mate? Truth hurts?
@@MrBITSian it's 21 century, something change in our world since then, at least we all think so
Yea all the materials, resources, slaves from outside. UK is poor af
If there was an Olympic sport for; *ill-gotten gains,* England would win Gold, Silver and Bronze!
No. Nothing will be done about dirty money in UK. They harbour enough despots, financial thieves and their money. That money is going nowhere.
The English knew about this right from the start,. Back then foreign money was god, and it still is, but the spotlight is not,.
Money is usually considered 'dirty' if the owners were engaged in some illegal tax-avoiding scheme, pocketing resources that should have gone to the state budget. In this case, the Russian state budget. Now, with all those all kinds of sanctions trying to bankrupt that state budget, why is it a problem if oligarchs do the same thing? Where's the logic in it?
Damn this report reminded me of how Singapore getting richer from Indonesian corruptors' assets and money laundering related stuff.
Would love to know about this any source which I can read
@@yumikotanashi googling extradition agreement of Singapore and indonesia
Alot of dirty money from Malaysia also keep in Singapore
Singapore is smart that's why. They copied London.
Wealth looted from India during British Raj is reflected in british infrastructure . I wonder if young brits r even awre of the loot.
This is not right. Most of this came from the post WW2 boom. Development of financial services for the modern world. This property is new, not old, likely came from services sale to European firms.
@@RRaymer exactly. Where do you think the money for the industrialisation came from. It came from british colonies like the Americas, africa and india. The british have looted up to 45 trillion dollars from india between 1840-1947. Even today, most of uk's reserves is made of colonial money made from exploiting india and slaves in africa .
@@jdjdbsbsbsnskdkdjx5641 oops! Too much truth. I think you burst that person’s imaginary bubble!
@@jdjdbsbsbsnskdkdjx5641 The old 45 trillion nonsense being trotted out by Indian nationalists again haha. That’s more than the entire global economy back then lmao, you can use the brits as an excuse for your shitty country if you like but it’s not gonna make it any better
@@TheTruthVision hope so
Oh my goodness, when they will become tired of blaming Russia for everything?!
After home secretary Priti Patel signed the approval of Julian Assange's extradition request last week, nobody trusts the UK gov anymore. Hope the high court does the right thing, where British politicians have failed, and set Assange free. The man has suffered enough already.
Agreed
Loooool The irony in this video. Nothing will change, ever. This is how the system survives.
Could someone explain me how the British empire started other than dirty money?
This expose the dark side of London banking system.
Members of the Royal Family and prominet British people also have offshore accounts in different places ..They must be very patriotic indeed
A very refined modern way to loot. It's hard to get over some old habits.
Great reply
Who wants to get over anyways?
May I ask something, just because Russia and Ukraine are at war(pretty much West is financing it for Ukraine) how Russian money automatically becomes so called 'dirty money'?
Double standards are appalling.
because Russian government officials and others got it from robbing former soviet citizens of state industries
@@Spudandrowback7D Why it became dirty money just after beginning of war😂?.
And everyone knows London is best city for money launderer and financial criminals from all over the world. So, is it only Russian money which is dirty?.
Oligarch = a very rich business leader with a great deal of political influence | Last time I checked, not only Russia but several other countries have such individuals (from EU, USA, Africa, Asia) | Being Russian and rich does not always mean that you are corrupt, can call Putin at 2am or that you are a criminal with dirty money...
The answer is in taxes and how almost all postsoviet oligarch get their money in 90-s (and it never was legal)
@@myra1683 RUSSIAN who got very Rich in 90's were not many... when PUTIN took power in late 99, RUSSIA had only 7 Billionaires... today RUSSIA is the home for 121 BILLIONAIRES.
OLIGARCHS are not even more that 4 today...
@@myra1683 The oligarchs are largely a product of the shock therapy/extreme privatization the western elite pushed in 90’s Russia, especially American and British ones. They were right there looting russias wealth too. Now they pretend they didn’t play a part in it.
ironically Ukraine has a much bigger oligarch problem than Russia, relatively speaking
What a fitting end for a former colonizer. Colonized by foreigners from the inside.
they are not colonised with just a single law they throw out every russian investor there is a difference
Who spells like that? ‘Colonizer’? What’s that, an ice cream?
@@olajong2315 North American spelling. Read before you speak.
You think this is the end? You do realise we’ve confiscated Russian assets we encouraged them to buy. Now who’s on top. People been hoping for uk decline since the 1500s
@@jakehall4493 they will get their assets back, its only a matter of time and if they don't, I expect a lot of the British establishment to be visited by men with radioactive brollies
I love how this was all presented as an unexpected outcome of policies in the 50's.
When was Britain a trusted jurisdiction?
Since, idk like 1600+ ? Did you notice the industrial revolution? the rise of the West? It seems you may have missed a few lessons about how the world got to how it is today, ie the history of the last 500 years.
@@wesleysanders8570 after 1600+ Britain become coloniser that's the whole reason world will forever hate Britain and expect downfall of Britain.
@@wesleysanders8570 these people are blinded by their hatred of British colonialism lmao
@@wesleysanders8570 1600 was a long time ago pal. The world is not the same.
@@distantraveller9876 that's the same argument all you descendants of slave masters and colonialists use
I was at a compliance meeting, major bank in London, where a compliance officer thought the regulatory authority should be done away with as "we are more than capable of regulating ourselves".
Telling
The FCA ?
"the free market will regulate itself!!1!"
Uk is leading among many countries built on loot...
With open loot drying up , it has chosen to become a repository of slush bucks...
I wonder why the western countries all in the sudden think the Origarch moneys are dirty and feel like seizing them like no tomorrow, not to mention the questionable legal practice of all these actions. why now? why didn't they feel like doing it before the military action in Ukraine? All in the sudden, that gives them the right to seize personal properties? what are the bases?
“Oligarchs” in Russia are what “entrepreneurs” are called in the West
Your English is poor, all of a sudden...
Because suddenly, a european state (Russia) has attacked another sovereign state and endangered everything that the modern world has tried to build- peace and security. Russia's actions are intolerable in Europe of the 21st century, and i'm SO glad to see that wide swathes of Europe have viciously struck back at Putins regime. The sooner Putin and his cronies die/are brought down the better for the world.
@@ezrathegreatconqueror No, there's a big difference- in Russia NO ONE who is very wealthy is truly able to be independent of Putins mafia government. Also, many Russian oligarchs seized their wealth in the collapse of law and order in the 1990s - using connections to buy up huge swathes of the countries previously state owned industries, against the interests of the Russian people.
I was actually wondering the same...
When you showed Tinkov's picture accompanying it with the word "oligarchs" I instantly knew how low the quality of this report is gonna be. Oleg Tinkov built his business on his own and has nothing to do with the Russian government.
Ну, конечно, а кто ему дал заработать в 90-е??) вернее спекульнуть. Видать сам Олеженька и пишет.
London and swiss Bank has lot in common like evil money is safe and sound in both things
True. Swiss bank that allowed the ill-gotten wealth of Marcos family of the Philippines. Billions of dollars were involved.
Boo Hoo. Add in NYC as well.
True exactly
its as if british and American dont invest questionable money elsewhere.... Including in Australia and New Zealand
Expand on this please?
I'm talking about real estate and infrastructure.. we don't allow foreigners to easily buy real estate but the English countries are exempt and park their money in realestate whilst the governments largely ignore the money Laundering rules that apply to everyone else but them.
Surprisingly good content considering its CNBC.
If a wealthy person is western, we call him Tycoon, like Berlusconi, if he’s Russian, he is an oligarch, like Deripaska.
Europeans aren't a fan of Berlusconi either. Most people are aware that both often belong to the group of rich, sexual perverts. No difference.
Oligarchs got their wealth through kleptocracy. Western billionaires largely got their wealth by competing in the marketplace.
@@johnnyguitar2929 and by owning slaves in their factories and corporations
@@johnnyguitar2929 you forgot millions that they earned through colonization, slavery, slave trading, genocide of local population, and so on. Look at Elon Musk for example. A billionaire with parents who own emerald mines, and got most of their wealth during apartheid in South Africa, and you'll get the point. It's not about market competition, it's about enslaving labourers, and robbing the countries
@@dealensky capitalism at it's best. Sadly most people don't realize where this wealth came from 🤷
"If Britain loses the world's trust"? Lol.... that ship sailed a long time ago!
🍷👍 I know right?! 🤦🏼♀️😆
Yea totally
Who cares? The world is ran via London/DC and NY. Everyone else is just a pawn.
😂😂😂😂😂
Not only in London … well know fact that some people from Asia were paying for properties in Spain with suitcases full of CASH , yes …cash …not money from the bank or a bank transfer
Thé city of London is the headquarters for international dirty money deals and has been FOR A VERY LONG TIME
you forget to mention the central role that the so called "central bank in the city of London" plays in this international "shady" business...
"We have profited immensely from illegal/dirty money throughout the years, but now that we can't anymore we'll make sure no one else can".
Sad truth tovarish
@@martineden7075 Not everyone with a name like mine is russian btw.
Imagine selling out your country's wealth, emigrating so no one could get you and getting screwed by the one you sold it to.
Lol sounds like many African politicians/presidents
these russian billionaire literally migrate to london to avoid Putin then england backstab them
The old money/political class in the UK will do anything to be able to send their kids to the same boarding schools they went to, even wrecking a city if it pays the bills
I have disdain for the upper classes but that is very naive. Humanity is dirty. London and NYC are just the best at cleaning the filth.
Not if they're like everyone else's oligarchs. They couldn't care less about their own kids, and have sold the next generations' future so they could live like their envied counterparts in developing and oil nations.
the hypocrisy of the highest order!
New laws have only been made because they (the UK government and Russian investors) have been caught. Otherwise it would have continued for many more years with back handers passed on.
GB has known about this dark side since the 1990's but allowed this dirty money in and price the upper middle class out. Shameful.
Lol The USA and UK helped create those oligarchs while ordinary Russians saw their social nets collapse and they starved. At the collapse of the Soviet Union, Russia had some of the most valuable companies in the world worth trillions of dollars and the western elite with their select Russian circle looted the hell out of them, along with pushing shock therapy on the population that was all shock and no therapy
Nawab Sharif’s money in London banks serving Her Majesty’s country. Any thoughts on this issue of Pakistan’s tax money.
London is pretty much a country within a country as far as the UK is concerned . I don’t see it as part of the UK.
I feel like quiet a few European said the same thing, I've met French who call Paris their own country. Russian who say Moscow their own country.
@@hachibidelta4237
Perhaps so, but London really has a greater case than those capital cities in other countries.
Considering the way London is governed, it's more similar to the Vatican, BIS, or Washington DC, than it is to other capital cities like Paris or Moscow.
@@christianindividual4550 what about the city of London, different from London itself, like the Vatican from Rome.
London is always going to be part of the UK its the capital city and without London the rest of the UK would not be standing.
@@marktaurus206 I think he is not talking about the Greater London area. Not even Westminster. I suspect he is refering to the City of London (you know: that square mile between Chancery Lane, Holborn, Charterhouse, Middlesex Street, and the river Thames on the south side) which is a nothing but a corporation where the monarch HAS to ask for permission to enter from the Lord Mayor.
I’ve been working in luxury and fashion since about 2005 and I’ve just been wondering when this would happen. When people talk about rising rents and all this new luxury real estate - a lot of it is used to stash the money of the wealthy.
It’s the same thing for Birkins. They just want an easy place to park their money. That’s why most of these places are empty 90% of the time
Yes Yes! I'm actually happy about the rise of NFTs as it's another way for them to store money in something without having to snatch up all the real-estate square footage that our city desperately needs.
No wonder UK can’t afford to pay for its nurses and doctors… pathetic government… Time to give a chance to Mr Starmer.
But without that illicit money London will be just another very normal European cuty !
yeah it’s Russian oligarchs but it’s also how billions have been siphoned out of Africa. Like this system is how you bribe a politician to sell the mineral rights of their country etc etc
UK government start looting the Russians but who's next? UK citizens? Time will come when Boris start stealing from his own citizens because UK becomes very poor state. Robbing colonies are over.
That's Africa's problem. Companies don't do things for free. If oil is exploitable then it costs money. Africa has no ability to exploit it's natural resources except in a few stable countries. Stop waging sectarian war and perhaps more money could be aimed at improving economies. Selling everything to the Chinese with impossible interest rates seems to be the path they've chosen though.
@@blairrobert3438 remeber your words when china captures entire Africa economically
@@ayushkumar-bg1xf Not my problem. If they want to be owned by the CCP so be it.
I feel as though its important to point out that there is a difference between The City of London(where most of the dirty money is) and with London itself
Xi jinpin daughter Changed her surname and became citizens of USA. Xi jinpin 3 sisters used their mother's surname migrated to America, Canada and Australia. They are super richest and living in a luxury life style.
Xi mingze?
I consider that a weak point. Can easily be used against him.
They must be trillionarie
What is your source?
I read that Xi Mingze is living in Beijing from 2015
Sooooo…you’re telling me that only Russia does money laundering 🤔
Albanians too
They mentioned a few other countries briefly. The guy said they shouldn't just focus on Russia because it's not just coming from there.
They are pure like nun 😝
No wonder people are poor Silas miner is Uk Book, dont ever wonder
British is saints
They will always make laws with loopholes for those with the money. Simple. British economy.
Why are you taking private property from someone, just because there were born in a different country? Isn't that discrimination? Hypocrites, and thieves.
Living standard is Awful in Uk right now, Prices are sky rocketing, people don’t have money to eat to pay for Energy and fuel prices. AWAFUL
Agreed
So it's okay to pillage as long as you're doing it for the British or American Empire.
Welcome to modern day capitalism.
I'd prefer a
Resource Based Economy.
Pirate based nations would be fucked.
@@Helghast73 They would
Resource based economy led to colonization. If we go back there, the old colonial powers will simply repeat what they did many many years ago
@@Helghast73 Really? How are you going to raise finance for infrastrcuture spending? How are you going to insure? Pay pensions? Clowns who have no grasp of how the world works.
@@blairrobert3438 They die out or get bread out, no need for that ilk anymore.
Arrive in London with dirty c..orrupt money, and you will be most welcomed. But oh please, never ever arrive dirty in a dingy crossing the channel, as a war refugee, or escaping persecution. You will be demonised and sent home by some Britishers.
Sad😢
Why don't families get sent over? Instead of single men - many with no qualifications?
Sent to Rwanda now actually
The United States alone has sent almost 80 billion to Ukraine. How many oligarchs do you think were created with that in one of the most corrupt countries of the world.
Any doubt Zelensky is not a multimillionaire at this point?
I love the fact that she immediately raised the price from 11.5 to 12 million.
Estate agent fees
When have they ever tried to follow cultured ways of making money.
Loot, kill, steal or corruption is always their motto.
Karma will strike back.
absolutely.
Still waiting for that supposed karma to happen
@@icegaming2862 I'm pretty sure that when the majority of folks are paying more than 50% of their income for rent, karma is on the horizon. Civil war comes to mind. The French Revolution as well. But even better, NUCLEAR war. Yaaaaaayyyyyyy
@Napolean Bonaparte-The Greatest military general 😂
Indians are hypocrites
Turning clean money into dirty money, this is new level of financial crime.
7:29 I like how in 15 seconds while she stood in a middle of the road one Lamborghini and two Bentleys just went past by.
Good eye.
also one Rolls Royce
She’s in the area of Belgravia & Kensington.
Where Harrods is.
All the land is owned by Russians & Arabs.
Indigenous Londoners can’t afford to reside here.
The London government allowed it.
For financial backhanders.
They are all anti-English scumbags who should have their heads removed at Traitors Gate.
And a Volvo and again a Bentley
This is Knightsbridge...it's fancy.
If you give it a thought , even the throne of the queen is made using dirty money.
Uk is flooded with black money from overseas 💵💵💵💰💰😂
The entire country is built out of blood money, not just London
whatever they may say, London and Dubai are in competition to attract as much dirty money as possible.
London is the only place where you give money to the local Coucil and get anything done
Nothing unintended in creating tax havens. It's always been the original idea to launder dirty money.
We British make one rule for rich and powerful and one for everyone else. We protect dirty money with Trust.
This situation began way before Mrs Thatcher and I have proof of that because I was working in FX during 1971 for a foreign Bank . We were Dealing with Russia long before the Berlin Wall came down .
Nah it's not the same (they will reply)
In college, I remember reading an article about how London's City wouldn't be impacted by Brexit in any significant way. The person was quoted saying something like: the EU needs London, Paris and Frankfurt do not have the same financial "clout" or "ease of operation" as The City. Now I understand better: they have standards and regulation. This is bad for London: who would want to associate themself with a place where this type of business is rife?
Rich people
And now after Brexit London is subject to even fewer regulations than before. Free to expand their money laundering operations further, to the further detriment of everyone except the rich and powerful.
come on guys so show me what private property means to you
@@IAVeritas What happened to Kherson? I thought it was Russian territory?
@@bojangles5623 when you have a moral freak in your opponents who can strike at a nuclear power plant, then you understand that it costs him nothing to destroy the dam and flood the cities. In this case, you have to make a tactical decision - to retreat in order to save as many lives as possible. Our enemy has no love for his soldiers. The constant "boilers" into which enemy soldiers were driven by their own leadership since 2014 is an indicator of this. For Russia, Kherson, this is its territory. But, much more important for Russians is to avoid senseless losses among Russian people, which our opponent cannot understand. Moreover, by all indications, the decision to withdraw from Kherson was made before the referendum on the accession of the Kherson region to Russia. Knowing this, I wonder if anyone really thinks that Russia will completely abandon Kherson? Although, I can admit, there are short-term informational benefits for the enemy. But, answer yourself honestly: would it be right to sacrifice several thousand lives of soldiers, just not to give the enemy, to get victory in a battle, in an information war that everyone will forget about within two weeks?
You get why so many rich people wanted to leave the EU right? Less control and freedom to do what they want...
Turkey, Cyprus, Lebanon, Dubai and Israel will gladly take their money.
That's right, everything shady in London is related to Russia
LMAO, exactly
Plenty of others involved in shady activities.
I love the sarcasm.
Take everything shady out of London and the UK and there would be nothing left
Colonialism, slave trade, stealing of artifacts and money from India Africa, etc. And you have the audacity to talk about shady
@@william_SMMA I have the audacity to be misinterpreted
I dont see how this is a crime by foreigners! All blame should be on British Policy. And why does the virgin islands and other British territories have a different set of financial laws ?
Also don't forget uk stole billions n billions of dollars worth goods n gold from India
Like what?
All of people who did that will be dead now, you can’t blame the current British people who had nothing to do with it
Africa and North America too.
* trillions
LOL. British Govt salvaging reputation NOW??
How long will you FOOL the World??
Money comes first for the Britain.
Actually from Russia, then from Britain
£12 million for that !!! I could buy 10 luxury country houses that & use the change for perminant holidays.
Aaah Britain: always there to rob you blind and then moralise you😀
That's what I would call a "legalized robbery with no right of parole".
If you're Russian and rich, you're guilty. That's how it works
Depends on how u define rich, 10 mil? 100? Billion? If its first then the answer is no, not everyone with net worth of 10 mil in russia is guilty of robbing his own country, but for 100 mil and above the statement is correct.
Britain’s should be quite . The robbed half the world
@@goshagachechiladze4931 Same can be said for any rich person in any country. Tax the rich is what you're obviously suggesting
@PseudoSarcasm
Since Russia has a flat income tax of 13%, apparently the British government decided that those people are undertaxed)))
Onr can pay less income tax in Russia only if he or she is self-employed and don't make a lot of money.
the international oligarchy or donor class pays or owns most of the politicians specifically in the US and now we expect proper laws and regulations from those politicians???
in what fairytale world people think they r living???
Town of thieves welcomes other thieves.
If they would get rid of that horrible furniture at 0:14 , maybe it could be a decent living space. Did they find that sofa in a dumpster dive? So much money so little taste