British crime agency arrests 'wealthy Russian' over money laundering - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Britain’s National Crime Agency (NCA) said on Saturday it had arrested a “wealthy Russian businessman” on suspicion of money laundering and other offences as part of a crackdown on corrupt oligarchs.

File image depicting handcuffs and police lights.

The NCA said the 58-year-old was among three men arrested by officers from the Combatting Kleptocracy Cell on Thursday at a “multi-million pound residence” in London. The man was detained on suspicion of money laundering, conspiracy to defraud the Home Office and conspiracy to commit perjury, the NCA said.A 35-year-old man was arrested at the premises after he was seen leaving with a bag which contained thousands of pounds in cash. A former boyfriend, 39, of the businessman’s partner was also arrested at the property, police said all three have been released on police bail.

“We will continue to use all the powers and tactics available to us to disrupt this threat,” Biggar said in a statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in BUSİNESS

Business Business Latest News, Business Business Headlines