Uk To Ensure Politicians Funds Are Obtained Legally

[chiang mai]

An interesting news article today tells of the UK to enact new laws aimed at ensuring money held/invested by overseas politicians is not from illegal gain or from corruption. The story in part reads,

"Financial institutions in Britain will have to ensure foreign officials and politicians are not depositing corruptly-obtained funds under money laundering proposals published by the government on Monday. The directives will for the first time require banks and others to investigate the finances of foreign politicians, public officials and their families to ensure their wealth has been legally obtained. Due diligence checks will have to be made on these "politically exposed persons" in a crackdown on overseas corruption".

The link to the full article is shown below. I wonder how Mr Thaksin will feel about this given his strong UK connections and the pressure on him currently regarding allegations of corruption!

http://uk.news.yahoo.com/22012007/325/mone...corruption.html

[alexth]

Come on, most of us have already stopped beliving in fairytales, some politicians have always been corrupt and will still be. How many politicians struggled to get in there just for the people and the country? More than 1%?

[NovaBlue05]

Come on, most of us have already stopped beliving in fairytales, some politicians have always been corrupt and will still be. How many politicians struggled to get in there just for the people and the country? More than 1%?

"........some politicians have always been corrupt and will still be."

While the others work towards that goal.