(7 months ago)
Commons ChamberYes I absolutely can—I have been very clear about the Government’s continuing commitment on existing support schemes. However, there is a point at which the assessment for compensation entitlement is made under the new scheme, and there will be an interaction with schemes that have come before. Options will then be set out. I want to provide reassurance on that today; the detail of how that will work out must be done with the consent and approval of the communities involved.
I want to build on a point made by my right hon. Friend the Member for North Durham (Mr Jones) earlier about the risk of unscrupulous financial advisers swooping in. It is appalling even to think that it might be possible, but we have a lot of experience of that from dealing with the British Steel pension scheme, and I would be happy to discuss any of those lessons learned with the Minister.
My constituent David Farrugia tragically lost his father 40 years ago due to this appalling scandal. Can I press the Minister for more detail on the specifics of how the scheme will work for bereaved children and parents of victims? How and when will they be able to register for compensation?
I thank the hon. Gentleman for his question. We have previously engaged on the British Steel matter and the unscrupulous exploitation of people moving from defined benefit to defined contribution schemes. That is at the top of my mind and I am applying it to my consideration of these matters.
The hon. Gentleman asked about his constituent David and bereaved children. The principle is that affected and infected individuals qualify in their own right. The passporting of affected individuals to qualify, based on the infected and the estates of infected, is clear. The details of how that process will happen will become very clear very quickly. We will make resources available through a website, and people can register for updates so that they can receive them as quickly as they wish. Forgive me, I cannot say more than that today, but I think I have set out the principles of how this will operate. The operationalisation needs to happen quickly, and I will provide updates on that in due course.
(4 years, 10 months ago)
General CommitteesI think the Government have made their position clear. It will be for the new Committee, once constituted, to determine the timings.
My hon. Friend the Member for Congleton made some points about the mechanics of how the asset freezing process works and the definition of those assets. It would probably be appropriate for me to write to her on that matter, because that is a technical process that I am not privy to this afternoon, and it would be difficult for me to give her satisfaction.
I fully agree with what is being proposed here with regard to Mr Lugovoy and Mr Kovtun, but the hon. Member for Glenrothes also raised the issue of unexplained wealth orders. That is an excellent piece of legislation, but to my knowledge only two unexplained wealth orders have been issued in the several years the legislation has existed. Can the Minister explain why so few have been issued?
My other point is about the Magnitsky amendment to the Sanctions and Anti-Money Laundering Act 2018; it is a very important amendment, yet absolutely no action has been taken to draw up a list of individuals from Russia who should be sanctioned under the Magnitsky legislation.
The hon. Gentleman will be well aware that those matters are broader than what we are discussing this afternoon. I certainly recognise the Government’s commitment to legislating in this area, and I know that the matter is under urgent consideration. I cannot offer any more comments on that at this point in time.
The prevalence of the use of unexplained wealth orders is an operational matter that I am not able to comment on. I am aware from previous conversations in the House, possibly with the hon. Gentleman, about the frustration that exists in this area, part of which is about establishing a precedent and a legal basis of confidence for moving forward with those matters, but I am not able to offer him more on that at this point.