COUNTERING RUSSIAN INFLUENCE IN THE UK

On 1 April, a research briefing from the House of Commons Library says that Russian investment in the UK totals tens of billions, but it is not clear exactly how much because of the difficulty in tracing the beneficial (ultimate) owners of some assets, including UK property.  24 Russian companies are listed on the London Stock Exchange, including gas giant Gazprom, oil company Rosneft, and Sberbank (Russia’s largest bank).  It is estimated that £1.5 billion of UK property has been bought by Russians accused of corruption or links to the Russian Government, including £430 million of property in the City of Westminster alone.

https://researchbriefings.files.parliament.uk/documents/CBP-9472/CBP-9472.pdf

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at https://www.buymea3coffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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