August 19, 2020 admin 0 Comments

Russians worth millions welcomed the collapse of the Soviet Union in the early 1990s, which enabled a generation of entrepreneurs to quickly become rich, a Russian report says.

The Intelligence and Security Committee said there had been a “significant increase” in investment from Russia since the introduction of the UK investor visa system by John Major’s government in 1994. Russian investors, who invested more than 1.5 billion pounds (2.3 billion euros), according to the report.

The ISC said the influx had created a “dangerous environment for the promotion of the nefarious interests of the Russian state, which has been aided by the growing influence of its clients.” Russian money was also used to launder the country’s reputation, with donations going to political parties such as the Democratic Party, the Russian Communist Party, and the Kremlin. A Government spokesman said: “The Government is fully aware that tackling illegal funding and the removal of dirty money and money launderers from the UK is a priority.

Multi-millionaire Russian oligarchs were welcomed to London with ‘open arms’ was last modified: September 11th, 2020 by admin

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