but what we will do is move away from that fuel dependence as quickly as possible to proceed. the lead is invest. i chose 2027 as the target for achieving that goal . it's all for me, for now we'll have more news for you at the top of the hour. and of course you can always get the latest d, w dot com or on twitter and instagram. actually w news away. lacrowe thanks very much for joining they've had no peace for decades. people of iraq is devastated and there's no end to the violence. how did it come to this group this is revealed and unprecedented story. he behaved exactly like

the germans and the poison spread with new life. the great documentary series iraq destruction of a nation. this week on d. w. ah say good bye to london grad rushes oligarchy of long use the u. k. capital as a playground is that party coming to an end, and we take you to switzerland, home to some of the world's most secret of bank. they to want to wash their hands of russian money. i'm chelsea, delaney, and berlin. welcome to the show. the u. k. on friday, announce sanctions against 386 russian parliamentarians who supported president

vladimir putin sworn ukraine. it's the latest blow to russia's elite. the countries, oligarchs have become targets of western sanctions with their money yachts in real estate being seized. one den, which has long been known as a playground for russian oligarchy, is particularly in focus there get mass reports. we have an appointment at the ritz, one of the swankiest addresses in london with bill browder. he was once one of russia's top foreign born investors. but quickly became an opponent of letting me put in before being expelled from the country. he is now living in london and has one of the kremlin biggest critics. britain has been a, i'm a soft spot for dirty russian money for last 20 years. they've come here. ah, they, they like the rule of law. they like the property rights. and they like the fact that nobody's going to ask any questions. we're heading to the posh district of

berg ravia to eat and square, nicknamed red square, asking prices for a 5 bedroom flat here, which over $20000000.00 euros. as for who the real owners are. no one needs to know anti corruption activists estimate that russians with ties to putin have invested almost 2000000000 euros in real estate alone. in recent years, there are shells, shell companies and trusts in an offshore crossen nominees and proxies. all i'm working hard to shield the true ownership of these properties. it's on the capital, the nickname london, ground. a city, a wash with money from the many rich russians who call it home. and not all of them have earned income. honestly, this week, the british parliament is passing a new law to cut the corrupt flow of money from russia to untangle opaque ownership stretches. but this is only a 1st step. experts say,

legislation is just not enough. enforcement needs to be happen and it needs to be properly with funding on vessels. what happens right now is that the national crime agencies has been on the thunder for up a generation. so what we need to see now is for loy force men agencies to be funded to ox now and use a tool that they are given at the moment. so security personnel on eton square tried to prevent us from recording. if i was your fucking, mom is a democracy and we despite us having the right to film on this straight to sunday, if you're hoping you can throw my july 1st and foremost, i'd like to see a 100 all a guards on the sanctions west having their properties frozen. secondly, i'd like to see assets identified and frozen after that. and thirdly, i'd like to see all of the russian banks, not just a few of them disconnected from swift. his criticism also has a personal motivation. broadest friend and company lawyer died in the russian

prison. he's long known how dangerous letting me put in is russian oligarchs, and in fact, anyone else who wanted to loan to the money have so far been serve as well. in london, it's been easy to find bankers, lawyers, estate agents to work with. when it comes to property, it's impossible to hide behind. sophisticated sales threats is open within an offshore trust. critics, a wondering whether it's taking the war in europe for the u. k. government to sir, is the change that oliver below joins us now. he's author of the new book butler to the world. how britton became the servant of ty coon's tax doctor, is clipped across. and criminals over, thanks so much for joining us to london. is a haven for russian oligarchy. why is the city in particular so popular among oligarchs? yeah, i should say to starts, is that it's not just a haven for rational oxy savings for any oligarchs. you name them. we have them

essentially, britain. i mean obviously anyone who's been to london knows that it has lots going for it. if you're wealthy, there's lots to buy, we have help and shops, we're schools, great universities, all of these things. but we have a 2nd advantage that doesn't really get discussed so much. which is that though your wealth is very secure, here is protected by the british. british legal system by the british police. it's not going to be investigated by the british legal system either. so it isn't just a great place to spend money, so it's a really great place to keep money and you can keep it here forever. now this oligarchy are becoming the target of western sanctions. are those sanctions working? huh. i suppose it depends what it means to say, are they working? you know, i'm not quite sure that everyone is in agreement about what the target, the aim of the sanctions is. some people say that the hope is that by sanctioning oligarchs and costing the money, they will then come to put pressure on putin. the man who has made them so much money because they've got ritual got richer during his time in office. other people

say that the oligarchy are essentially extensions of the russian state. so freeze by freezing their money, you more or less just freezing russian state money. i think both of those arguments suggest that what we're trying to do is trying to find policy leave is allow, is to put pressure, if not imputed himself, then on the people around him by depriving them of all the toys, the billing, the luxury goods to football clubs and you know, i think it's too early to say if out work, but i think it's probably worth a shot. it's better than most of the other alternative options. we've got a 2nd opinion himself. we know his personal wealth is very well hidden. how can sanctions effect will effectively target han if at all putin? i'm not sure you make sense to talk about putin being wealthy. i think if russia is your current account, you don't really need a deposit account. i don't think if he has of sure wealth anywhere then, you know, it's probably not very much in comparison to the other oligarchs. the other guys

have huge of sure. well, you know, half of all the wealth owned by russians is owned off shore by oligarchs. if the oligarchy, you know, want to get back to those, cuz she lifestyles, what do they need to do? what needs to happen? or has the world's relationship with russian oligarchy really changed forever? be surprised about registered rational or dogs had changed forever. western countries, britain in particular, not only britain, i've been historically very welcome to work to bring it anyone with money. however, we need to recognize that as long as its crisis last that will be sanctions on russia, and it will be much harder for all of us to come here and spend their money. so i suppose the answer is what western politicians want. the answer to be, which is if you want to come back and enjoy your blame in our capital cities, you're going to have to tell pete him to stop killing ukrainians. and that is the challenge. how many of you don't have that kind of importance anymore? how many of them could just walk into putin and ask him for a favor like stop inviting you cried. i don't think any of them do. so i think

we're going to have to get used to a world for a while, at least while this crisis lasts when the russian oligarchs, i'm no longer going to be flushing the cache in bars and villas of south of france or me, you know, dimensions of london or in the islands of greece or the car been oliver villa. thank you so much for joining us. just my pleasure. thank you for having me. and it's not just the u. k. u. s. and e, you, switzerland has taken the unprecedented step of imposing sanctions against russia. will the measures have a big impact on oligarchs, formerly with banker and wiki leaks. whistleblower rudolph, elmer says he has serious doubts to re she's one of the world's most expensive places. and that's in no small part due to russian oligarchy. happy to invest their money here. rudolph, elma, used to be a tough banker at the venerable, it's very spank jojo spare. today he is a critic of these financial institutions who came to international prominence as

a wiki leaks whistleblower industry. typically angelique. while a lot of money is invested in switzerland because banking secrecy protects the oligarchs. we have a strict secrecy law guy. me help him because it's the government politicians and the judiciary support this because it is a huge source of income for this with a date for you, then try to stop rushes, brutal war against ukraine has put world wide pressure on switzerland to respond. it's likely one of the reasons why the government here has backed the sanctions saying russian oligarchs should no longer be able to access their assets here. but elmer is skeptical until we'll leave. a hot meet to switzerland was slow to introduce sanctions. and that keep the old guard plenty of time to shift their fortune somewhere else, concealing the origin of money as a long tradition in switzerland, homes park the can. this means that the actual owner is disguised via trusts in the cayman islands or companies or whatever in such

a way that you don't really know who's behind on these buys. the swiss bankers association rejects the accusation, saying the sanctions would be strictly observed. if the super state, it's important to understand that these sanctions obliged banks to report russian customers to be oh, forties is what i did. the banking secrecy is never absolute. it can be effected by a legal obligation to provide information. and that is also the case with the sanction. success is concrete here by the scene sunk to one small salmon alcohol. russia gas from bank and spare bank, seen here in serious are exempt from the sanctions that allows you. countries like germany to still be able to buy russian oil and gas through them. but public criticism is growing. spare bank and steering his cupboard over its logo and lowered window blinds for fear of protests. the swiss n g o public eye has long criticised the russian banks, and now it says they're playing a critical role in moscow's war. is not to this, this is of course,

a substantial part of bloody amir putin, this war chest. he calculated it that way from the start. how could you and also anticipated that this money, at least, would continue to flow. we're talking about a $1000000000.00 a day, 80 percent of which comes from swiss commodities. trading platforms said, one of the data centers for the swift bank payment system is very close to 0. it's currently under a heavy guard for fear of russian sabotaged. but elma doesn't think our complete russian cut off from swift would be that dramatic for russia is good for she's in american skies. there are various ways of getting around this. like inter company deal, the banks holding bank accounts with other banks on the and trade shortcut, as well as barter transactions house because there are many variants and you have to see that this payment transaction business has become even more lucrative all day due to the sanctions of going to suck children. who doth elma now lives in

seclusion near 0 rich. but he hasn't stopped criticizing switzerland's financial institutions under authorities. he's demanding strict laws for better monitoring of the financial center. but so far says he see no willingness in the government to take action. and that's all for me and the business team here in berlin. thanks for watching st. next time with what? making the headlights and what's behind them. d. w, news africa. the show, the faculty issues shaping the continent life is slowly getting back to normally well in the streets, to give you enough reports on the inside of our cars. funds is on the ground reporting from across the continent, all the trend stuff, the mazda to you next. ok, d, w,

cutting off the money. the russian only got as many of whom hold close times to flood your protein. have long popped there and gotten from his outside darrell, the country. now russia's war in ukraine has government 3 lax rules on foreign governments. why sanction from the financial sector might be the strongest weapon in the fight against the russian regime. a business special in 60 minutes on d, w o t, please listen carefully. don't know how you live today. go. oh,

the magic discovery of the world around you. subscribe to d w documentary on youtube. this is dee dablin. you is africa coming up on the program lives on hold the african students facing an uncertain future as the war in ukraine. rage is on. so we're trying to see it in the shop for year or so weeks that we have which school is going to accept those because we can't even get our transcripts because of what is happening. we don't have our trash people, they don't seem to understand that we don't love tribes creek, thousands of africans, students have finally escaped to safety. some have made it back to their home

country.