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Hello and welcome to the bunker for News Without the Nonsense. I'm Seth Teville.

As Vladimir Putin's all-out invasion of Ukraine approaches its fifth year next February,

one of the ways that the Russian regime evades international sanctions is through widespread money laundering.

And there by no means alone, it is estimated that anything between 2% and 5% of the global economy

is laundered money from criminal enterprises. Today we're joined by an expert in this world.

Oliver Burlow is the journalist and specialist in dirty money and financial crime. His previous

books include Moneyland, Why Thieves and Crooks now rule the world and how to Take It Back, and Butler to the World, How Britain Helps the World's Worst People, Laundered

Money, Commit Crimes and Get Away With Anything. And he has a further book called Everybody

Loves Our Dollars How Money Laundering Won. On that very depressing note, welcome to the bunker, Oliver. Thank you for

having me. First, maybe if we just back up, how does money laundering work? I mean, let's say that

I'm a drugs dealer or a sanctions-busting Russian oil trader. How would I go about making my money

clean? Well, I mean, I'm supposed to answer that. We need to look at what money laundering is,

...