Britain has new law - money of uknown origin can be expropriated
Post number #136395, ID: 4373b5
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British parliament has passed a new law - now if wealth of unknown origin found in possesion of a "politically important person" it can be taken away by special commision if amount exceeds 71k $. Politically important persons are ex- and on-duty officials, Mayors, Gov.Corporations headmanagers, etc.
Post number #136400, ID: 62e027
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Basically an indirect ban to cryptocurrencies...
Post number #136401, ID: 62e027
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>>136400 or not didn't see the "politically important person" part
Post number #136418, ID: f0e3df
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>>136401 Nah. More like discouragement for back-pocket deals
Post number #136846, ID: 74d18e
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71k seems oddly specific haha
Post number #136848, ID: 62e027
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>>136846 yeah like the guys who approved probably said, "the most I stole from the people was 70k so let's make the law's minimum 71k"
Post number #136856, ID: 4373b5
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>>136848>>136846 Nothing specific, its just that 50k british punds is equal 71k american dollars
Post number #136859, ID: 62e027
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>>136856 makes sense too
Post number #138373, ID: 2c71ad
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>>136401 Next law: A „political important person“ is also someone who owns financial property over 71k $.
Post number #138579, ID: 908d28
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>>138373 I can see this happening if said politically important person spent that amount of money on lobbying.
Otherwise, this shouldn't apply to anyone else, given that you could argue that anyone who owns their own home is a "politically important person." (A cheap home is like 100,000 USD.)
Post number #139194, ID: 0533d0
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>>136856 oh yeah thanks for clearing that up, I should have thought about it before casually accusing ppl.. oh well
Total number of posts: 11,
last modified on:
Wed Jan 1 00:00:00 1517927349
| British parliament has passed a new law - now if wealth of unknown origin found in possesion of a "politically important person" it can be taken away by special commision if amount exceeds 71k $. Politically important persons are ex- and on-duty officials, Mayors, Gov.Corporations headmanagers, etc.