Displaying items by tag: legal loophole
Illegal and legal business profits
Sanctioned Russian oligarchs from Putin's inner circle have exploited a UK secrecy loophole left open by the Government. They use a type of company which does not need to identify its real owners known as an English Limited Partnerships (ELP). ELPs are also linked to fraud, terrorism and money laundering. Since 2017 over 4,500 have been set up to dodge anti-money laundering laws which require the real owners to be disclosed. Pray for the UK Economic Crime Programme, police and government to make ELPs illegal. Meanwhile Shell Plc has given employees a ‘Special Recognition Award’, equivalent to 8% of their annual salary, after recording profits for a second consecutive quarter thanks to soaring oil and gas prices and legally strong refining margins. The one-time payment will be made to most of Shell’s 82,000 employees. Shell said the award was not a response to the rising cost of living. See
Government must stop extremists avoiding prosecution
The Commission for Countering Extremism has called on the Government to close a loophole that has allowed individuals to spread extremist ideologies and views online without any repercussions or fear of prosecution. The commission’s recommendation was made after a legal review into the adequacy of existing legislation to combat the issue of hateful extremism was conducted by Sir Mark Rowley, a retired senior police officer in charge of UK Counter Terrorism policing. ‘Extremist groups whether neo-fascist, neo-Nazi, Islamist or others are able to operate lawfully, freely and with impunity,’ lead commissioner Sara Khan warned. Without action from the Government, hateful extremists will continue to be able to create ‘a climate conducive to hate crime, terrorism or other violence and will be able to attempt to prod and even destroy the fundamental rights and freedoms of our democratic society’. See