British universities have accepted £52m in cash from overseas students from ‘high-risk’ countries, exposing a money laundering risk - AML Intelligence
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British universities have accepted £52m in cash from overseas students from ‘high-risk’ countries, exposing a money laundering risk

The top cash paying country, China, has been the source of £7.7 million in cash since 2015, the Times reported. This was followed by £1.8 million from Indian students, £1.2 million from students from Pakistan and £1.5 million from Nigerian students.

By Vish Gain for AMLi

BRITISH UNIVERSITIES are the latest group of businesses to be placed under an AML microscope as a recent investigation found £52m in cash have been paid to them by international students from ‘high-risk’ countries over the past five years.

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