Wednesday, 1 June 2016
Anonymous foreign ownership of Welsh property
Some time ago I drew attention to the Private Eye campaign to make public the real ownership of property in England & Wales, hidden behind offshore or brass-plate companies. (It is a situation which could be made worse by the Conservatives' plan to privatise the Land Registry.) At the time, I found only a few local properties on the Private Eye map of anonymous ownership. It seems from yesterday's South Wales Evening Post that the situation is now worse. Even the Aberavon shopping centre, of which Neath Port Talbot council is one of the tenants, is now behind the cloak of anonymity.