Debates between Lord Keen of Elie and Lord Collins of Highbury during the 2024 Parliament

International Anti-corruption Court

Debate between Lord Keen of Elie and Lord Collins of Highbury
Monday 16th December 2024

(1 week ago)

Lords Chamber
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Lord Collins of Highbury Portrait Lord Collins of Highbury (Lab)
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There is a range of options here, and I have met Judge Wolf. A range of experts is looking into the draft treaty, and we have been talking to international countries. What we need to do, if we are to get this court off the ground, is ensure that all these countries are working together and supporting the treaty. I heard what the noble Lord said, but I come back to my fundamental point: I will not wait until an international court is established, which can take time and requires consensus. We are determined—and this is why the appointment of my noble friend Lady Hodge is so critical—to follow the money and make sure that people do not get away with corruption.

Lord Keen of Elie Portrait Lord Keen of Elie (Con)
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My Lords, the United Nations estimates that the cost of kleptocracy is something in the region of $40 billion per annum, much of which falls on the poorest countries in the world. When the international anti-corruption court was being mooted originally, the United Nations established the International Anti-Corruption Coordination Centre, which is intended to operate a joint working platform and intelligence sharing. As the Minister indicated, the centre, having become operational in 2017, is hosted by the United Kingdom’s National Crime Agency. Can he advise the House on how many cases the centre has dealt with in the last seven years? In addition to the United Kingdom, the United States, Canada, Australia, New Zealand and Singapore, how many countries participate in the work of the centre? What steps are the Government taking to promote participation in the work of the centre? He said that one follows the money for the purposes of jurisdiction, and the United Kingdom is of course a centre for such funds.

Lord Collins of Highbury Portrait Lord Collins of Highbury (Lab)
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I very much welcome the noble and learned Lord’s comments and I look forward to working with him to ensure that we can achieve these objectives. Since July 2017, the IACCC has received 331 referrals of grand corruption from 40 different countries, has identified over £1.4 billion of assets suspected to be the proceeds of corruption, helped freeze £631 million of stolen assets, and supported the arrest of 48 suspects in grand corruption cases. We will work collaboratively with all the countries that the noble and learned Lord mentioned.