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Closing the London laundromat could be Cameron’s greatest legacy

If the Prime Minister's words match his actions, Britain will be at the head of the pack in tackling laundered cash

By Ben Judah  

A view across the "London laundromat". © DncnH

London’s bricks have become a global currency for corruption. Why? The answer is simple: you can buy them anonymously. The perfect Bitcoin for kleptocrats. Because when nobody knows who you really are, nobody knows where your money really comes from. And that’s exactly what criminals want.

The sums are startling: the National Crime Agency (NCA) estimates that “hundreds of billions” are now being laundered in London a year. “I believe the London property market has been…

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