Wednesday, February 8, 2023

UK government arrests oligarch linked to Putin

LONDON ( Associated Press) – British authorities have arrested a wealthy Russian businessman on suspicion of money laundering, amid a drive to crack down on criminal activity by oligarchs and others linked to Russian President Vladimir Putin.

The National Crime Agency (NCA) reported that more than 50 officers from a special unit raided the billionaire’s London home on Thursday, seizing digital devices and “significant” cash. The man could not be identified.

“The NCA’s Anti-Kleptocracy Cell, established this year, is achieving significant success in investigating potentially criminal activities by oligarchs, the professional service providers who support and enable them, and all those who seek to influence the Russian regime.” Linked with that.” The agency’s director, Graeme Biggar, said in a statement on Saturday. “We will continue to use all the forces and tactics available to us to thwart this threat.”

The arrests come as Britain is working with the United States, the European Union and other countries to cut off the flow of capital to the Putin regime following Russia’s invasion of Ukraine. Britain has imposed sanctions on more than 1,300 individuals and entities, including 120 wealthy business leaders, known as oligarchs, with a fortune of more than $160 billion (£130 billion) globally, according to the British government. is expected to occur.

The businessman who was the focus of Thursday’s raid was arrested on suspicion of money laundering, conspiracy to commit perjury and conspiracy to defraud the Home Office, the government agency responsible for immigration and police enforcement.

The agency said a 35-year-old man who worked at the suspect’s residence was also arrested, who was seen leaving the property with a bag containing thousands of pounds of cash. A third man, 39, and the ex-boyfriend of the businessman’s current partner, was arrested at his home in the Pimlico area of ​​west London on suspicion of offenses including money laundering and conspiracy to commit fraud.

Nation World News Desk
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