{"id":383039,"date":"2018-10-31T02:53:31","date_gmt":"2018-10-31T01:53:31","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/the-unexplained-wealth-order-legislation-and-londons-financial-aristocracy\/"},"modified":"2018-10-31T02:53:31","modified_gmt":"2018-10-31T01:53:31","slug":"the-unexplained-wealth-order-legislation-and-londons-financial-aristocracy","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/the-unexplained-wealth-order-legislation-and-londons-financial-aristocracy\/","title":{"rendered":"The Unexplained Wealth Order legislation and London\u2019s financial aristocracy"},"content":{"rendered":"<div id=\"content\">\n<h3 class=\"nomargin\">\u00a0<\/h3>\n<h2>The Unexplained Wealth Order legislation and London\u2019s financial aristocracy<\/h2>\n<h5>\n<p>    By<br \/>\n    Thomas Scripps<br \/>\n    <br \/>30 October 2018<\/p>\n<\/h5>\n<p>Zamira Hajiyeva, the wife of former Azerbaijani state banker Jahangir Hajiyev, is the first person to be investigated by Britain\u2019s National Crime Agency (NCA) under an Unexplained Wealth Order (UWO).<\/p>\n<p>Jahangir Hajiyev is currently serving a 15-year prison sentence in Azerbaijan for a massive fraud operation involving the embezzlement of tens of millions of pounds from the country\u2019s International Bank. Zamira is being investigated by the UK financial authorities on the suspicion that she enjoyed an extravagant life in London on the proceeds of his crimes.<\/p>\n<p>In 2009, a company based in the British Virgin Islands\u2014traced back to the ownership of Hajiyev and his wife\u2014bought an \u00a311.5 million home in Knightsbridge. The five-bedroom property is currently worth around \u00a315 million. It is conveniently located within minutes of the luxury Harrods department store, where Hajiyeva spent \u00a316 million across 35 credit cards in 10 years\u2014nearly \u00a34,500 a day. Her other known purchases include more than \u00a310 million buying the Mill Ride Golf Club estate in Berkshire and \u00a331 million (\u00a342 million in today\u2019s money) on a private jet. These stand to be seized if Hajiyeva cannot provide an account of how she lawfully acquired the money to purchase them.<\/p>\n<p>As with all such moves against corruption by the ruling elite, an individual\u2014and a very easy target in this case\u2014is being used to distract from the untold billions of pounds worth of criminal wealth that has been allowed, and encouraged by successive governments, to find a comfortable home in the capital. The timing of the introduction of UWOs into legislation this January was not accidental. They were introduced as&#8230;<\/p>\n<\/div>\n<p><a href=\"http:\/\/www.wsws.org\/en\/articles\/2018\/10\/30\/weal-o30.html\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 The Unexplained Wealth Order legislation and London\u2019s financial aristocracy By Thomas Scripps 30 October 2018 Zamira Hajiyeva, the wife of former Azerbaijani state banker Jahangir Hajiyev, is the first person to be investigated by Britain\u2019s National Crime Agency (NCA) under an Unexplained Wealth Order (UWO). Jahangir Hajiyev is currently serving a 15-year prison sentence [&hellip;]<\/p>\n","protected":false},"author":2526,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-383039","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/383039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/2526"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=383039"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/383039\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=383039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=383039"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=383039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}