Scottish Limited Partnerships
An analysis of all 631 Scottish companies that use opaque financial structures has revealed that only three were formed by residents of Scotland.
Dozens of firms registered at an Edinburgh address involve a man sanctioned by the United Nations who is linked to a gas tycoon blacklisted by the UK Government for aiding Russia’s occupation of Ukraine.
Two Edinburgh addresses are cited as the official headquarters for businesses that use opaque financial structures linked to alleged money laundering and tax abuse, The Ferret can reveal.
A company registered in Edinburgh has been linked to a firm in the Czech Republic embroiled in controversy over a government contract to deliver Covid-19 tests.
UK Government plans to “crack down” on the potential for Scottish Limited Partnerships to be used to facilitate organised crime have been revealed to consist of a £13,000 "programme of letter writing.”