Anti-Financial Crime & Financial Crime Compliance
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Financial Crime, UK

NEWS: Chinese fugitive bought $108m of London property using golden passport

A general view is seen of the London skyline from Canary Wharf in London, Britain, October 19, 2016. REUTERS/Hannah McKay

By PAUL O’DONOGHUE, Senior Correspondent

A Chinese fugitive bought at least $108 million worth of London property using UK companies set up with a “golden passport”.

The indiviual, who is wanted in his home country for alleged illegal gambling offences, has seen UK authorities freeze 85 luxury properties in the English capital.

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