For decades, the UK thought it could influence Russia with its rich. It turned out that the opposite was true
For decades, the UK government has been investing in Russian politics and business – which is closely linked to Britain, and especially the stock market, in the hope that laws, rights, and rules will be reflected in the home.
The long-awaited “Russian report” but confirms the end of that ququotic strategy. If anything, the opposite suggestion was true: Russian business practices are most successfully exported to the UK.
The connection made between Moscow and “Londongrad”, concludes the report, provided “good ways” of dirty money and “a constructive influence on the whole” British establishment. Intelligence, state power and business are still “fully integrated” and are close and impossible to separate.
Russia’s influence in the UK has become “normal”, it concludes.
This document has been written extensively for monitoring and mitigation – the language of intelligence reports published by those working for GCHQ, MI5 and MI6, or the Secret Intelligence Service. It would be an understatement to say that it contains an open-ended assault rifle. It does not include the list of other people mentioned in newspaper reports, for example – and only mentions indications of insecurity by Conservative Party donors.
Kremlin peacefully happy with Britain’s response to ‘dirty money’
The possible embarrassment regarding Russia’s possible interference in the Brexit referendum was also prevented because it was surprisingly admitted that the government did not actively investigate it.
But if the details of that report fail to deliver a major revelation to Russian veteran viewers, it has helped a number of well-thought-out situations.
For example, there has been an approval by the National Crime Agency (NCA) that they have no resources to do their jobs and investigate rich people.
Legally, the UK government has committed to removing the City of London illegally. Ministers and Foreign Office officials, for example, often complain about the demands of new legal resources such as Unexplained Wealth Orders. This allows the courts to release the property of those who cannot record the legal basis for their finances.
But there has been a huge gap between speaking and working. To date, not a single case has been successfully filed against the Russian man. The Independent understands one case filed earlier this year at the preparatory stage due to money laundering and legal issues, at a cost of millions to the taxpayer.
We should have blamed any idea that made a good point by making all the money
Oliver Bullough, author of ‘Moneyland: The Internal Story of the Crooks and Kleptocrats Who Rules the World’
A study by the Intelligence Committee admits that such wealth orders are not very effective when it comes to the Russian elite. “We are just worried, we are worried about the impact on our budget, because these are rich people who can’t get the best lawyers,” the NCA was quoted as saying.
The report misses the launch of the UK’s 30-year plan to join Russia elite. Whitehall remains committed to “building a Russia that prefers cooperation, rather than challenge or confrontation,” it said.
But it also seems to reverse the view that doing business in the UK in some way could lead to democracy in Russia.
Oliver Bullough, author of Moneyland: The Inside Story of the Crooks and Kleptocrats Who Rule the World, says successive governments have deliberately deceived themselves and ignored fraud because of the money being put at risk.