Laundered Money Could Be Putin’s Achilles’ Heel nyti.ms/3vcqkNG
“There are two uncomfortable facts here. First, a number of influential people, both in business and in politics, are deeply financially enmeshed with Russian kleptocrats. This is especially true in Britain. Second, it will be hard to go after laundered Russian money without making life harder for all money launderers, wherever they come from — and while Russian plutocrats may be the world champions in that sport, they’re hardly unique: Ultrawealthy people all over the world have money hidden in offshore accounts.
What this means is that taking effective action against Putin’s greatest vulnerability will require facing up to and overcoming the West’s own corruption.
Can the democratic world rise to this challenge? We’ll find out over the next few months.”