Britain plays key role in ‘allowing corrupt money to flow globally’

‘Britain is a key facilitator of corrupt money flows across the world, according to a leading anti-corruption academic.
Professor Paul Heywood of Nottingham University told Parliament’s International Development Committee (IDC) the role of Britain and the City of London “in allowing corrupt money to flow should not be underestimated.”
A report published by the committee on Wednesday called on Britain to persuade overseas territories to create public registers of beneficial ownership in a bid to tackle corruption.
It urged the government to do more to combat the lack of transparency in its overseas territories else it risks hampering global anti-corruption efforts.’
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