Criminals and sanctions-busters exploiting UK secrecy loophole

Baroness Kramer, Liberal Democrat Treasury spokesperson in the House of Lords, said it was a shock the government had not used its economic crime bill to shut down every loophole. “It certainly is aware of this one, and frankly, it can’t even be called a loophole – it’s so wide, you can drive an oil tanker through it,” she said.

Source: BBC News

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