London is the city of choice for Kleptocrats
A recent article published by The Guardian dives into how London has become a hotspot for kleptocracy. A massive factor in this popularity is the secrecy of the financial system. Beneficial ownership appears to be a large issue with 335,000 of companies listed with Companies House not revealing their beneficial owners. Most shockingly, 4000 beneficial owners belong to children aged two or under.
Read more at theguardian.com