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Posts by Richard Smith

Based on our work Thurrock sued him for fraud. In his newly submitted response to the court, Kavanagh admits receiving a large part of the £130m “for his own benefit” but that he "honestly believed he was entitled to receive the monies that were transferred to him and to do with as he wished"

16 hours ago 2 1 1 0
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Businessman admits to pocketing millions from Thurrock council Liam Kavanagh used taxpayers’ cash to fund life of luxury and ‘honestly believed he was entitled to the money’

Businessman Liam Kavanagh admits he pocketed “substantial part” of £130m Thurrock council thought it was investing in a solar park deal

New by me for @tbij.bsky.social

16 hours ago 26 13 1 2
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Swedish Supreme Court acquits former Swedbank CEO Bonnesen in Estonia money laundering case Sweden's Supreme Court on Tuesday acquitted former Swedbank CEO Birgitte ​Bonnesen over her handling of the bank's anti-money ‌laundering work, overturning the guilty verdict of a lower court that had sentenced her to 15 months in prison.

Swedish Supreme Court acquits former Swedbank CEO Bonnesen in Estonia money laundering case reut.rs/4cq4Gec

15 hours ago 9 4 0 0

The ‘eating cats and dogs’ fake news is back but this time it’s reserved for Somalis

1 day ago 9 5 0 0
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RFK Jr. once chopped off a dead raccoon’s penis to ‘study later’ while on a family road trip The bizarre account was unearthed in the new book “RFK Jr.: The Fall and Rise,” authored by The Post’s own Isabel Vincent, who drew upon a wide range of sources including private …

It's amazing that RFK is not the most insane person in the US cabinet. Perhaps not even top three.

nypost.com/2026/04/15/u...

3 days ago 358 68 21 4

This is important.

4 days ago 28 8 1 1

Have you ever thought about how investigative journalists find out who owns a company?

One way is looking up its "ultimate beneficial owner" — not the next highest corporate layer, but the person at the top of the chain — in an official registry.

But...

4 days ago 7 5 1 0
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Daniel Kinahan arrested in United Arab Emirates Daniel Kinahan has been arrested in the United Arab Emirates.

Daniel Kinahan has been arrested in the United Arab Emirates

4 days ago 35 15 1 9
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There does seem to have been a surprisingly large number of verging-on inexplicable mistakes by senior civil servants since Keir Starmer became prime minister. Odd.

4 days ago 138 32 9 1

John 3:16 "Aw, man. I just shot Marvin in the face"

5 days ago 990 171 35 7

Ironically the BBC stumbled on a really important story: Desperate asylum seekers being forced to turn to fraudulent fee-charging “advisors” to navigate a system that is intentionally impossibly baroque and from which all sources of free advice have been removed.

But no: they chose Fake Gay Panic.

5 days ago 1002 396 4 6

So it wasn't just Matt Goodwin and Reform, Orban was bankrolling US politics too.
@petergeoghegan.bsky.social

1 week ago 82 34 1 1

Could MattGPT face scrutiny under the UK’s ‘proceeds of crime’ law? The British right is awash with money from Orban thinktanks…which Hungary’s new PM says was stolen.

Brilliant deep dive into Orban’s vast UK network by @McCoolingtons
for @thenerve_news. 👏

1 week ago 847 336 15 10
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The Internet's Most Powerful Archiving Tool Is in Peril As major news outlets cut off the Wayback Machine, journalists and advocacy groups are rallying to protect the Internet Archive’s vast collection of web pages.

As major news outlets cut off the Wayback Machine, journalists and advocacy groups are rallying to protect the Internet Archive’s vast collection of web pages. www.wired.com/story/the-in...

1 week ago 978 503 22 52

So far, Vance’s foreign policy record is yelling at Zelensky for not thanking Trump enough, campaigning for AfD in Germany and Orban in Hungary, getting rejected by the Pope on his invite to the US, and failing in the Iran negotiations.

1 week ago 8994 2437 586 161
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“I delivered bags of money from Mogilevich to the police chief, and more for Orbán": Former Budapest gang member László Kovács tells all In the 1990s, bodybuilder László Kovács worked for Igor Korol, one of the most influential organized criminals in Budapest. Korol, meanwhile, reported to the…

“I delivered bags of money from Mogilevich to the police chief, and more for Orbán": Former Budapest gang member László Kovács tells all

Putin had kompromat on Orban

theins.press/en/confessio...

1 week ago 77 53 4 3
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The silent coup How AI captured Westminster

Important piece on the uncritical and credulous embrace of AI by the UK government. It's been immensely frustrating watching this happen. They seem to be in thrall to the hype of tech CEOs and boosterists, with no sceptical voices to moderate it.
www.newstatesman.com/technology/2...

1 week ago 30 13 4 0
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Breakingviews - AI dreams crash into stark $7 trln reality Meta, xAI and others ⁠are aiming for ​data centers using ​110 GW combined. Nvidia boss Jensen Huang says ​it costs at ​least $60 bln per gigawatt. ‌It ⁠would take nearly every dollar available from hyperscaler cash ​flows, debt ​markets, ⁠private funds and securitization ​to pay for ​it ⁠all.

From Breakingviews - Breakingviews - AI dreams crash into stark $7 trln reality reut.rs/3NR4gUG

2 weeks ago 14 7 0 5
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‘I see it as trafficking’: the brutal reality of life as a foreign student in the UK The long read: Universities in Britain rely on overseas applicants paying full fees, which has given rise to some unscrupulous recruiters and left many hopefuls and their families deep in debt

It’s bad www.theguardian.com/education/ng...

2 weeks ago 22 9 2 0
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Want to know capitalism’s endgame? Just look at private equity – it has captured our everyday lives | Hettie O'Brien These companies now own everything from nurseries to care homes, squeezing vital services for profit while we foot the bill, says Hettie O’Brien, author of The Asset Class: How Private Equity Turned C...

The more I’ve learned about private equity, the more I’ve come to see it as a metaphor for how power and wealth now operate in Britain. I wrote about it for @theguardian.com - two days before THE ASSET CLASS publishes: www.theguardian.com/commentisfre...

2 weeks ago 94 52 8 2
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What happens to Britain's radical right if Orbán loses? Inside the money, power and patronage connecting Hungary and the British right

From Roger Scruton cafes to paying Matt Goodwin $10k a month, Viktor Orban has built a network of populist right think tanks, journalists and activists

Today Democracy for Sale delves into Orban’s allies on the British right

Well worth a read
democracyforsale.substack.com/p/orbans-brits

2 weeks ago 822 538 44 60

To understand better how it came to be that private equity has its fingers in everything from childcare to housing and media, get yourself a copy of @hettieobrien.bsky.social book out next week!

www.waterstones.com/book/the-ass...

2 weeks ago 6 4 0 0
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Say hello to the UK’s most successful growth industry: organised waste crime | George Monbiot Thanks to a sustained ideological assault on regulation, our country has been turned into a literal dump, says Guardian columnist George Monbiot

Another triumph for deregulation! By saving a few million in monitoring and enforcement, our governments have landed us with a vast illegal waste dumping problem, new organised crime networks and a clean-up bill that could run to tens of billions.
My column.
www.theguardian.com/commentisfre...

2 weeks ago 1749 800 79 52
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The US public has a mistaken understanding of where the get their oil from.

2 weeks ago 267 100 15 12

Really important piece - the typical Curacao/Cyprus corporate structuring model of these companies is one that needs a lot of more scrutiny from the authorities.

2 weeks ago 3 3 0 0
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Federal Judge Approves Trump Effort to Extract List of Jews From Penn
The decision to allow the government to collect the names and phone numbers of Jewish people on campus could allow the government to pursue similar tactics elsewhere.
• Listen • 3:32 min
<
1 TODAY

Federal Judge Approves Trump Effort to Extract List of Jews From Penn The decision to allow the government to collect the names and phone numbers of Jewish people on campus could allow the government to pursue similar tactics elsewhere. • Listen • 3:32 min < 1 TODAY

As a Jewish historian who works at a university, I think it’s great that an administration committed to destroying “the internal globalist enemy” which is staffed by groyper antisemites is collecting lists of Jews. Can’t see any potential downside here at all.

3 weeks ago 2966 1051 78 93
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Press Gazette exposé of parasite SEO firm removed from Google results Press Gazette reporting on parasite SEO company Clickout Media removed from Google search results after anonymous complaint.

This is all very mucky. You'd like to think Google might do more to defend original journalism from this sort of nonsense.

pressgazette.co.uk/news/parasit...

3 weeks ago 0 1 0 0

The Erling Haaland of political own goals strikes again

3 weeks ago 555 123 42 6
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Crypto has no place in UK political donations [FREE TO READ] Its inclusion will not extend democracy but reduce it

I argued in the FT that a moratorium on crypto donations into UK politics isn't enough, we need a categorical ban.

www.ft.com/content/a6b0...

3 weeks ago 55 15 2 1