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Page 94: The Private Eye Podcast

38: The Russians Are Coming

Page 94: The Private Eye Podcast

Page 94: The Private Eye Podcast

News

4.61.6K Ratings

🗓️ 16 November 2018

⏱️ 30 minutes

🧾️ Download transcript

Summary

Episode 38. Page 94 returns! A special episode all about Putin's money-laundering pals, and the British bankers, lawyers and accountants who are letting it happen. Free Belgravia mansion with every download!

Transcript

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0:00.0

Ian, we're going to do a special episode for the new series of the podcast, all about Russian

0:04.1

money laundering and corruption and all the accountants and lawyers who make that possible.

0:08.8

Is there anything you'd like to add just before we begin?

0:10.9

I'd just like to say, oh great, you're doing a piece about how unbelievably rich Russians

0:15.6

are paying the best and most expensive lawyers in London to come at people with money no object.

0:21.7

Oh great, great yeah terrific.

0:23.0

Page 94 the Private Eye Podcast

0:26.0

Hello and welcome back to another episode of page 94

0:29.0

this week we have a special episode all about dodgy Russian money making its way into the British

0:34.8

financial system. A few issues ago, Private Eye ran a special report entitled Looting with

0:40.4

Putin and that report covered all the ways in which money makes its way out of

0:45.2

the Russian system and into the British one. The current issue of the magazine has

0:49.1

also covered how little the British government is doing to stop this process, presumably on the basis that

0:54.9

it's better to have the money inside the system than it is not to let it in in the first place.

1:00.2

The author of that special report and of the latest coverage is the eyes Richard Brooks,

1:04.5

so we decided to set him the unenviable task of boiling down an incredibly complicated

1:09.8

system of shell companies and stolen cash, dodgy lawyers and the whole lot into one half an hour

1:17.0

podcast. He said yes, more fool him. However, we did let him set a start date and he chose the early 1990s. To explain why, here's

1:26.7

Richard.

1:27.7

If you go back to the very early 90s, following the breakup of the Soviet Union they sensed a huge commercial

1:35.3

opportunity. We all know there was a wave of very corrupt privatizations and

1:41.9

that was you know manner from heaven for a certain type of lawyer and

...

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