Officials are preparing to use new orders to seize suspicious assets until those who are under the investigative radar can properly account for their acquisitions. Scores of targets have been identified and two test cases are being readied.
The security minister, Ben Wallace told The Times newspaper that he wanted the “full force of government” to investigate criminals and corrupt politicians who use Britain as a haven. He warned, “When we get to you we will come for you, for your assets and we will make the environment that you live in difficult.”
About £90 billion of illegal money gets laundered every year in Britain, the government has estimated.
Indians are also in the same frame as such cases with these allegations have also been made in India, making scandalous headline news.
The mastermind behind the Indian Premiere League (IPL), Lalit Modi, and the business tycoon and former politician, Vijay Mallya, have also come under severe scrutiny in India.
Lalit Modi faced allegations of of financial irregularities in broadcast deals as well as rigging auctions. After being sacked from the board, he had fled to the UK, allegedly citing that the decision was due to threats to his family's safety.
The flamboyant business tycoon, Vijay Mallya, who is currently in London and has been making court appearances regarding his extradition to India, faces allegations for money-laundering as well as conspiracy. Mallya, considered as one of the wealthiest people in India with his major brands such as Kingfisher, resigned as a prominent member of parliament in India and moved to London, which he considers as his second home.
The list also includes the world's most wanted gangster, the notorious smuggler and extortionist Dawood Ibrahim, is considered to be the second richest criminal to have ever lived after the Columbian druglord, Pablo Escobar. Ibrahim is currently in hiding in Pakistan and is allegedly worth an estimated $6.7 billion. He has been alleged to be involved in match-fixing, global heroin trade, as well as responsible for one of the most atrocious terror attacks in India.
Dawood Ibrahim's right-hand aide and alleged conspirator, Muhammed Iqbal Memon, also known as Iqbal Mirchi also faced similar allegations.
