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Secret offshore firms 'own area 3 times bigger than London'
Secret offshore firms 'own area 3 times bigger than London'
http://rack.3.mshcdn.com/media/ZgkyM...826176a1a3.jpghttp://rack.1.mshcdn.com/assets/feed...50839a8e00.jpghttp://rack.1.mshcdn.com/assets/feed...32c6f24ba1.jpg LONDON — Offshore companies based in tax havens like the British Virgin Islands own an area in Britain that's three times the size of Greater London, a report*reveals.* A staggering 1.2 million acres of land (1875 square miles) in the UK is owned offshore, Global Witness says, based on the database of land registry leaked to Private Eye Magazine.* That includes vast chunks of central London's Baker Street, which are owned by a collection of offshore companies allegedly linked to Kazakh businessman*Rakhat Aliyev and his family.* SEE ALSO: Panama Papers: 5 biggest revelations from the leaked documents Read more... More about Panama Papers, Offshore Companies, Sherlock Holmes, London, and Ukhttp://feeds.feedburner.com/~r/Mashable/~4/2-Wq6zYhOAw |
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