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Unexplained Wealth Orders: Suspected money launderer gives up 10m of property

A suspected money launderer gives up 45 properties after investigators used an Unexplained Wealth Order.

The social media giant's shares rose on Thursday after the launch of its new TikTok rival Instagram Reels.

Although the gap in wages is narrowing, inequalities in wealth across the UK are rising.

QIA paid $310 million for the prominent Manhattan property. The Marriott sale comes after recent acquisitions by the company.

UK firms provide services that help launder criminal and suspicious wealth, says a corruption watchdog.

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