“ £1.5m legal bill forces rethink over McMafia wealth orders
A central measure in the government’s strategy to investigate so-called McMafia corruption is at risk after the cost of fighting complex cases increased sharply.
Ministers hailed the unexplained wealth order (UWO) as the centrepiece of a “full-spectrum” assault on illicit wealth being laundered through the London property market.
The measure is being reassessed after the National Crime Agency (NCA) was hit with a £1.5 million legal bill from a failed attempt to impose UWOs on three London properties worth £80 million linked to a wealthy Kazakh family.“
GBP1.5m legal bill forces rethink over McMafia wealth orders | News | The Times
No UWO to make them explain how they (alleged McMafia) can afford 1.5 mln legal bill?
A central measure in the government’s strategy to investigate so-called McMafia corruption is at risk after the cost of fighting complex cases increased sharply.
Ministers hailed the unexplained wealth order (UWO) as the centrepiece of a “full-spectrum” assault on illicit wealth being laundered through the London property market.
The measure is being reassessed after the National Crime Agency (NCA) was hit with a £1.5 million legal bill from a failed attempt to impose UWOs on three London properties worth £80 million linked to a wealthy Kazakh family.“
GBP1.5m legal bill forces rethink over McMafia wealth orders | News | The Times
No UWO to make them explain how they (alleged McMafia) can afford 1.5 mln legal bill?
