Alicia Kearns
Main Page: Alicia Kearns (Conservative - Rutland and Stamford)Department Debates - View all Alicia Kearns's debates with the Cabinet Office
(2 years, 10 months ago)
Commons ChamberThe Government are already implementing a draconian package of sanctions and we will go further. We are bringing forward the economic crime Bill and the register of beneficial interests. In addition to all the things I have announced today, we will be bringing forward further measures to hit Russian individuals and Russian companies of strategic importance to Russia, stopping Russian companies from raising money on London markets and stopping them even trading in pounds and dollars. These will bite, these will hurt and these will make a huge difference. But the House also needs to understand that President Putin’s failure will not just be caused by sanctions implemented by us and by our friends. His failure will also result from the determination of the Ukrainians to resist. In that, we will support them.
I welcome the sanctions and the Government’s significant efforts to expose false flag operations, but rouble by rouble we must rid our nation of Putin’s dirty money because of his acts overnight and those lives already lost. I urge my right hon. Friend to blacklist all Russian banks, to ban the City and law and accountancy firms from servicing all Russian state firms, to work with Turkey to deny the Russian navy access to the Bosphorus and to ensure we have an atrocity prevention strategy in place for when the paramilitaries go in alongside the peacekeepers.
That is exactly why the UK has been out in front of our European friends in dealing with Russian dirty money and in implementing the toughest possible package of sanctions. As I told the House, we will go further.