Targeting Belarus' Billions

Talk of sanctions on Belarus over the Ryanair plane incident ignores the most obvious pressure point, which is checks on Russian and Belarusian money in London. In this special programme, Bloomberg Westminster's Roger Hearing and Caroline Hepker speak to Timothy Ash, senior sovereign strategist for emerging markets at BlueBay Asset Management, who says London probably reaps $450 million dollars in fees from Russian investment and capital flows every year.Samantha de Bendern, senior advisor for Russia, EU and Financial Crime at the think tank Conflict Studies Research Centre questions whether the U.K. is capable of addressing the threat from Russia and Belarus given strong economic ties and political influence.Duncan Hames, director of policy and programmes at Transparency International UK says it is notable that Britain's closest allies including the US talk openly about their concerns over money laundering through London.See omnystudio.com/listener for privacy information.