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Friend of Tortoise Exclusive

Welcome to Londongrad: why does London still attract so much dirty money?

Welcome to Londongrad: why does London still attract so much dirty money?

This event is exclusive to Friends of Tortoise

This is a newsroom ThinkIn. In-person and digital-only tickets are available.

Forget the fleshpots and tax havens — they may or may not get cleaned up by well-intentioned international initiatives. London on the other hand seems determined to go on sucking in ill-gotten gains from Kaliningrad to Guangzhou and most places in between. Why? Was being a tax haven, laundromat and magnet for Russian oligarchs part and parcel of being a global financial capital? Was it really such a bad thing if the world’s billionaires want to bring their money into the city? Russia’s invasion of Ukraine has led to the introduction of some financial sanctions, and the impact of these remains to be seen, but has the damage already been done to London’s reputation? 

editor and invited experts

Giles Whittell
Sensemaker Editor

Bill Browder
CEO Hermitage Capital; Head of Global Magnitsky Justice campaign; Author, ‘Red Notice and Freezing Order’ (June 2022)

Dame Margaret Hodge MP
MP for Barking; Co-chair, APPG on Anti-Corruption & Responsible Tax

Michael O’Kane
Head of Business Crime, Peters & Peters