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UK properties held by offshore firms used in global corruption, say police

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Anti-corruption groups and Met detectives say £180m worth of real estate is under investigation as being used in money laundering and stolen capital

Hundreds of millions of pounds’ worth of UK properties held in secretive offshore companies have been used to launder the proceeds of international corruption, Scotland Yard investigators suspect.

The Metropolitan police have revealed that more than £180m of British property has been put under criminal investigation in the last decade as the likely proceeds of corruption. Detectives have warned it is the tip of the iceberg.

Related: Inside 'Billionaires Row': London's rotting, derelict mansions worth £350m

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