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Cameron vows to expose 'foreign black money' in UK property market

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ANI London

Alarmed by the number of houses being bought by foreigners in the United Kingdom with 'plundered or laundered cash,' Britain's Prime Minister David Cameron has vowed to expose the use of 'anonymous shell companies' to buy properties.

Cameron, who is on a four-day tour of South East Asia, is expected to comment on the issue during a speech in Singapore about corruption, where he will urge the international community to 'step-up and tackle' the problem, reported the BBC.

He is expected to urge the world to make sure that the U.K. does not become a 'safe haven for corrupt money' from around the globe.

 

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First Published: Jul 28 2015 | 10:46 AM IST

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