In recent years, the UK had one of the best performing property markets in the world. It was buoyed by inflows from Russia, China, Dubai and Nigeria. With high global oil prices, this new class of super-rich were feted and courted by the British with few questions asked as they snapped up attractive UK properties. But there were warnings that all was not well. In March 2015, Reuters cited the UK as a haven for illicit funds.
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