UK: Money laundering “slipping through net” because of budget cuts, accountancy firm claims
22 May 2017

Money laundering crimes could be “slipping through the net” because of cuts to the budget at the City of London Police, an accountancy firm has claimed.

Over the last five years just 104 investigations have been opened, according to the City of London Police annual report. At the same time, the district’s police budget has been cut by 15 per cent to £121.6m.

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