London Daily

Focus on the big picture.
Friday, Jun 20, 2025

Britain’s new anti-corruption tool is proving useful—in certain cases

Britain’s new anti-corruption tool is proving useful—in certain cases

Unexplained Wealth Orders force suspects to prove the legitimacy of their assets
JUDGING BY HIS social-media posts, Mansoor Mahmood Hussain (pictured) was a successful businessman whose shrewd property deals allowed him to enjoy a lavish lifestyle, which included collecting high-performance cars and hobnobbing at VIP parties with the likes of Beyoncé and Simon Cowell.

Investigators looking into criminal gangs in the north of England reached a different conclusion: they suspected Leeds-based Mr Hussain of being a major money-launderer who had helped gangsters, including Mohammed Nisar “Meggy” Khan, a convicted murderer, rinse tens of millions of pounds.

Despite intelligence linking Mr Hussain to organised crime, the National Crime Agency (NCA) struggled to gather the exhaustive evidence needed to bring money-laundering charges. So it turned to a newish legal tool called an Unexplained Wealth Order (UWO).

This turns the tables on those suspected of buying assets with dirty money, forcing them to open their books and prove their wealth came from legitimate sources. Mr Hussain has agreed to hand over 45 properties worth £10m ($12.9m). He could yet face a criminal investigation.

The NCA says the result is a “significant” step forward for UWOs, which Britain introduced in 2018. Ireland and Australia already had such provisions. It marks the first time a British case involving a UWO has led to assets being recovered. Criminal money-laundering cases are difficult to prosecute; money trails can be horribly tangled, making it hard to connect the loot to the original crime.

The UWO process, administered under civil law, involves a lower burden of proof and puts the onus on the suspect to prove that their wealth was not ill-gotten.

When Britain’s crime-busters started wielding UWOs, anti-corruption campaigners hoped that they would be a powerful weapon against a different type of ne’er-do-well: dodgy “politically exposed persons”, or PEPs—such as kleptocrats and their associates from places like Russia, Central Asia and Africa—who plough corrupt foreign capital into swanky British properties. Such swag is largely responsible for the “London laundry” tag bestowed on the capital.

Here, however, the NCA has found the going tougher. Of the three other UWO cases brought so far, two have involved PEPs. The one that drew more attention was against Zamira Hajiyeva, the wife of a banker from Azerbaijan: £22m-worth of assets, including a London mansion, were frozen. Ms Hajiyeva lost an appeal, but the case grinds on.

The other case, involving properties owned by the daughter and grandson of Nursultan Nazarbayev, the former president of Kazakhstan, was thrown out in June. The court found that the NCA had not provided sufficient evidence that the use of offshore entities to hold assets suggested financial shenanigans rather than being for legitimate reasons, such as privacy or legal tax mitigation, says Jonah Anderson of White & Case, a law firm.

Cases against PEPs were never going to be easy. They have plenty of money to hire the best lawyers, and many offshore structures are impenetrable. UWOs may prove more useful in domestic-crime cases than those involving international corruption. Gangsters beware.
Newsletter

Related Articles

0:00
0:00
Close
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
UK Home Secretary Apologizes Over Child Grooming Failures
Trump Organization Launches 5G Mobile Network and Golden Handset
Towcester Hosts 2025 English Greyhound Derby Amid Industry Scrutiny
Gary Oldman and David Beckham Knighted in King's Birthday Honours
Over 30,000 Lightning Strikes Recorded Across UK During Overnight Storms
Princess of Wales Returns to Public Duties at Trooping the Colour
Red Arrows Use Sustainable Fuel in Historic Trooping the Colour Flypast
Former Welsh First Minister Addresses Unionist Concerns Over Irish Language
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
France Bars Israeli Arms Companies from Paris Defense Expo
King Charles Leads Tribute to Air India Crash Victims at Trooping the Colour
Jack Pitchford Embarks on 200-Mile Walk to Support Stem Cell Charity
Surrey Hikers Take on Challenge of Climbing 11 Peaks in a Single Day
UK Deploys RAF Jets to Middle East Amid Israel-Iran Tensions
Two Skydivers Die in 'Tragic Accident' at Devon Airfield
Sainsbury's and Morrisons Accused of Displaying Prohibited Tobacco Ads
UK Launches National Inquiry into Grooming Gangs
Families Seek Closure After Air India Crash
Gold Emerges as Global Safe Haven Amid Uncertainty
Trump Reports $57 Million Earnings from Crypto Venture
Trump's Military Parade Sparks Concerns Over Authoritarianism
Nationwide 'No Kings' Protests Challenge Trump's Leadership
UK Deploys Jets to Middle East Amid Rising Tensions
Trump's Anti-War Stance Tested Amid Israel-Iran Conflict
Germany Holds First Veterans Celebration Since WWII
U.S. Health Secretary Dismisses CDC Vaccine Advisory Committee
Minnesota Lawmaker Melissa Hortman and Husband Killed in Targeted Attack; Senator John Hoffman and Wife Injured
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
×