Where has all the money gone? My entire adult life, the government has

presided over spiraling inequality, huge corporate profits, sky high rents and

astronomical property prices. And yet for all this wealth we're told that it is

impossible to tax it or redistribute it in the form of wages or increased

public spending. And this feeling that all the money is being extracted, taken away

from ordinary people and scribbled away where governments can't access it is

not something that's unique to the UK. Every year something like one trillion

dollars is stolen from poor countries and stashed in richer ones. And this is

actually something that the UK is uniquely good at. Facilitating that process of

concealing wealth and providing a range of services so that the super rich can enjoy it.

So I wanted to find out why we got so good at laundering dirty money. And to learn

more about it, I'm joined by Oliver Bullo, the author of Money Land and Butler to the World.

Thank you so much for joining us. Thank you for inviting me.

I mean, basically I want you here for financial advice because let's say, hypothetically,

I have a load of money which I've skimmed from my role as a government official.

And I want to hide it somewhere so that it can't be taxed. But also I want to be able to access it

so I can buy like, you know, a solid gold yacht. What do I do? So your primary concern,

obviously you don't want to be taxed. I mean, that goes without saying. But your primary concern is

probably more making sure no one knows that you've got the money because although you might be in

a solid position now with regards to the people running the country in five years you might not.

So yes, tax is important, but that's the secondary importance. Really need to hide it.

Yeah, keep me out of jail. Exactly. Keep you out of jail. Keep you out of the headlines as well,

...