Tinhampton wrote:It has emerged that the bank accounts of every single foreign embassy in London were closed around 2014-2015 due to money-laundering regulations. (There is no suggestion that any of the embassies were engaging in money laundering. The logjam ended when Patricia Scotland took the UK to task on this issue.) Not even the United States was immune and it was forced to negotiate with the founder of Metro Bank to secure continued access to UK banking.
Two thoughts on that:
1) In a perfect world, I would prefer to see a corroborating source in addition to the Express.
2) Assuming the Express reporting is accurate, the newspaper's attempt to directly connect an embassy banking issue apparently caused by rigid enforcement of money laundering regulations to the 'Nigel Farage de-banking scandal' is an embarrassment.