Pandora Papers: The secret owners of UK property worth billions

Tuesday, 5 October 2021Newsdesk

The secret owners of more than 1,500 UK properties bought using offshore firms have been uncovered by a BBC investigation.

New Delhi, 05 October 2021

As per news report of BBC, the details are featured in the Pandora Papers leak of offshore financial documents and list property with an estimated value in excess of £4bn.The owners include high-profile foreign politicians, individuals accused of corruption and UK political donors. Ministers say they will bring in a new law when they have parliamentary time. Successive Conservative governments have pledged to introduce legislation making it compulsory to name those owning property via foreign companies in a bid to stamp out money-laundering.

Source - bbc.com