David N. Robinson
When someone goes to a red-light area, the sex worker would never look into the source of the person. Instead, they will feel delighted in receiving the cash. That is what exactly has been happening in Britain, but not in any red-light area but the entire country has already been transformed into a huge red-light area, where people from anywhere in the world can invest billions of their dirty money and no one would ever utter a word asking the source of this amount. In other words, the United Kingdom is the only country in Europe, where black money or dirty money is welcomed.
What are Golden Visas or Tier 1 Visas?
They provide a faster route for wealthy investors coming from outside the European Union and Switzerland to settle in Britain. The program was introduced in 2008 to attract wealthy foreign nationals willing to invest large amounts of capital in Britain.
To qualify, foreign nationals must put down a minimum of 2 million pounds (around $2.5 million) as an investment in Britain. Such an investment in United Kingdom bonds, share capital or companies allow investors to apply for permanent residency within five years.
For a £5 million investment, they can apply for permanent residency after three years.
An investment of £10 million can open the door to permanent residency after two years. After that, the nationals theoretically could apply for citizenship.
Billions of pounds have poured into London over the past decade, following an influx of global elites who have benefited from the program. The visa program has always had its critics, with anticorruption campaigners railing against Britain’s openness to ill-gotten riches from overseas and the foreigners who invest them.
A survey found that the scheme brought limited economic benefits because most of the investors had bought fixed-interest loan securities known as gilts, meaning that they were effectively loaning the government money instead of investing in the country.
The case of an ISIS-funder:
In 2009, a man named Md. Shahid Uddin Khan, along with his wife Farjana Anjum and daughters Shehtaz Munasi Khan, Parisa Pinaz Khan and Zumana Fiza Khan had entered the United Kingdom with tons of dirty money and had even managed immigrant status under Visa Tier 1, vide VAF No. 511702.
On January 17, 2019, Dhaka residence of Md. Shahid Uddin Khan was raided by the members of the Counter Terrorism and Transnational Crime (CTTC) unit of Bangladesh Police.
CTTC, based on secret information, raided House No. 184, Road No. 2, Baridhara DOHS in Dhaka, Bangladesh on January 17, 2019. This house is owned by Md. Shahid Uddin Khan and was allegedly used as a warehouse for arms, explosives and propaganda materials of Islamic State (ISIS). During the raid, a large volume of weapons, detonator, counterfeit Bangladesh currency notes and jihadist materials of ISIS were recovered by the CTTC unit.
The same family has also invested millions of dollars in a number of business ventures in the United Arab Emirates as well as deposited in their bank accounts in Dubai. According to media reports, Md. Shahid Uddin Khan and his family members are holding stakes in the transnational narcotics and arms trafficking, which is run by notorious terrorist Dawood Ibrahim’s D-Company.
This case of Md. Shahid Uddin Khan and his family evidently prove, British policymakers have already turned the country into a place, where anyone can bring in any amount of dirty money without facing any hassle from the authorities concerned.