Under UK law, banks should file Suspicious Activity Reports if they have any concerns.
But the individual was only reported six years after he bought his first property.
The programme has also found that investigations were hampered by red tape when an African government tried to discover if a hotel in the UK was bought with the proceeds of corruption.
A company set up to siphon oil profits from another African state was swiftly wound up when the Bermudan Government became suspicious that it was sham.
Yet the same company co-registered in the UK remains on the Companies House register.
Fran Abrams asks if corrupt leaders in developing countries are right to see London as their money "laundry of choice."