LONDON DIRTY MONEY

SUMMARY  A report issued on BBC News Online spoke about London’s Dirty Money and finding a way to stop it.

MPs trying to put through a legislation, urgently, to stop oligarch, drug barons, smugglers, all who made a fortune in illegal dealings damping their dirty money on London by buying top luxurious properties.

An earlier report stated that most of these properties are left empty or rented out to super rich people for high rents. This again points the fingers to what could be illicit gained wealth.

If MPs manage to achieve it, it would a great achievement. After all they take on one of the most powerful people who are corrupt politicians, oligarch with astronomical wealth not all gained by legal means, smugglers and drug barons. Most of them are international and have powerful lawyers behind them.

The situation had been highlighted by the revelation of the Panama Papers.

In some way, Conservative Boris Johnson who was Mayor of London at the time when London had been responsible of the fundamental change. Whole rows of houses which were owned or rented by ordinary people were demolished and a great number of skyscrapers mushroomed all over London. It changed the skyline of London completely.

Skyscrapers with most luxurious properties which only can be afforded by the wealthiest people. Another point has to be mentioned here that these people, although they might make some of their money in London but will not spent it in the UK. They only invest it in top properties to squirrel their money away but if forced to sell they will take it out of the UK. So, where was the gain of it all?

Therefore, it was a foolish dream to attract people like that by building ugly skyscrapers which do not represent London or Britain but can be found everywhere in the world.

OLD LONDON

London which had attracted millions of tourists because it still showed the bygone age of the British Empire had been spoiled or destroyed. Even local people are scarcely to be found because of being moved out of London for the glass palaces to be built.

Boris Johnson is now a MP for Uxbridge and South Ruislip has already changed Uxbridge with another lot of glass palaces and concrete blocks. Previous MP kept the characteristic of a rural suburb with building of red bricks. They were demolished and replaced with higher, but not skyscrapers, buildings all with glass.

Boris Johnson must have shares in glassworks.