Following the Government statement on allegations of money laundering against British banks, Jonathan Djanogly calls on the Government to rethink what appears to be the accepted position that those of dubious or illegal means are welcome here as long as they do no wrong while they are here.
Mr Jonathan Djanogly (Huntingdon) (Con)
It seems to me, and to many others, that there is an unwritten deal here: that Russians and others of dubious or illegal means can essentially come to this country, send their kids to our schools, buy our real estate or our sports clubs and get involved in this country on the basis—this is the other side of the deal—that they do no wrong while they are here. That is not an acceptable way forward, if it ever was. Is it not now time to rethink this issue?
Simon Kirby
My hon. Friend raises an interesting point. This Government are doing more than ever before to tackle this important issue. When it comes to money laundering, the Department for Business, Energy and Industrial Strategy has called for evidence on the use of limited partnerships, which were raised by the hon. Member for Kirkcaldy and Cowdenbeath (Roger Mullin), and will in due course consider any action needed to address those concerns.