United Kingdom: Pandora Papers: Dirty money, bribery and the UK high street

Money from a corrupt company at the centre of a global bribery scandal has been invested in the UK High Street.

Documents from the Pandora Papers leak reveal how £7.5m in earnings from Unaoil – a business which paid bribes to secure oil and gas contracts – was funnelled offshore.

The money from Ata Ahsani, the British Iranian founder of Unaoil, was paid into large funds used to invest in UK property including a cinema complex in Sunderland and a business park near Hull.

Ata Ahsani’s lawyers say he has not been convicted of anything and there is no evidence that all of the money generated by Unaoil was the proceeds of crime.

This article was orignially posted at bbc.com

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