Post #1334080
2026-04-05 19:33 UTC
@peterbrown
Each jurisdiction has its role and piece of the pie.
London is where the babysitters meet the oligarchs to set up the Scottish entities through which to launder the funds.
https://en.wikipedia.org/wiki/Scottish_limited_partnership
Great new book by the world's authority on oligarchy and money laundering, for those interested:
https://uk.bookshop.org/p/books/everybody-loves-our-dollars-how-money-laundering-won-oliver-bullough/7959796
Replies (1)
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@peterbrown@mastodon.scot 2026-04-06 06:20
@mmm both the Scottish government and the legal profession have tried to push Westminster to amend the legislation to close the loophole but so far without success. It is an embarrassment as it damages Scotland’s hard-earned reputation for financial probity.