One of the UK’s richest councils has launched a ‘war on dirty money’ to tackle suspected money laundering and the operation of opaque shell companies.
In a massive wing for our campaign with the Fair Tax Foundation, Westminster City Council announced last week it was launching a campaign against dirty money to “combat the capital’s reputation as the European centre for money laundering”.
The number of properties in Westminster registered to owners in Jersey and Russia has risen by 300% and 1,200% respectively since 2010, The Guardian reports.
Signaling their commitment to fight against dirty money, Westminster council have signed up to the Fair Tax Foundation’s Councils for Fair Tax Declaration, which we have been campaigning for since May.
Our Fair Tax Action campaign run with Fair Tax Foundation has seen 16,600 messages sent to councillors across the UK – demanding councils can take a stand against companies with links to tax havens.
You can still send a message to your councillors here.
Westminster is the 12th council to sign up as a Fair Tax council since we launched the campaign, and the third in London – home of much of the UK’s suspected money laundering – after Southwark and Richmond.