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Hello, I'm Alfa and you're listening to the New Statement podcast. On today's episode,

I'm joined by the author and investigative journalist Oliver Bullo,

to discuss the UK's sanctions against Russia and the wider story of the relationship between

Russian money and London. And it allows us to be joined by Oliver Bullo,

the best-selling author of Moneyland, and Butler to the World,

while Britain became the servant of tycoons, tax dodgers,

kleptocrats and criminals, which we are in March. Oliver, you're also an investigative journalist,

and you've written extensively about the former Soviet Union. And as we'll be talking about

illicit money in the UK and elsewhere, so the perfect person to speak to for this political

moment, you're like, can we just begin? I want to talk to you more about your book and the bigger

themes in it, but can we begin this morning? We're recording on Monday Morning,

the ruble has lost more than 30% of its value against the dollar, which is a record low.

And we're seeing the impact of the sanctions imposed by the UK and the US and the EU,

starting to take effect. But from what I gather, you've been quite critical, but the extent of

these sanctions and whether they will actually do much good in curtailing Russian influence,

what do you make of the latest developments? Is this sort of, is this enough?

What we've seen so far has been extraordinary. If you look at what has happened in the last week

...