Economic Crime: Law Enforcement

Angela Rayner Excerpts

Thursday 7th July 2022 Commons Chamber

[Kevin Hollinrake]

This has been an excellent debate. I thank all Members across the House for supporting the application for the debate and for their contributions, and the Backbench Business Committee for granting it. I have learned an awful lot in addition to what I know from having looked at this issue for some time. “Coalitions” is perhaps a bit of a dirty word in the Conservative party, but I am a big fan of them, actually. I invite everyone who has spoken in the debate and anybody else interested in this issue to work with our all-party groups on this agenda, because we are not going away—we will make sure that future legislation is fit for purpose.

It is fair to say that, for whatever reason, we have turned a blind eye to this issue for too long. Ukraine has been an eye-opener because we have suddenly realised what it means and facilitates. I welcome the economic crime Bill mark 1, but mark 2 is coming along, with the reforms that will come from it. I urge the Government to look at the economic crime manifesto and include what they can in there, and also make provision in other areas, particularly on failure to prevent, whistleblowers, and beefing up, co-ordinating and strategising our resources.

It is great to see so much cross-party agreement on this. With all the work of the Justice Committee, the Treasury Committee, the Foreign Affairs Committee and our all-party groups, it involves MPs and peers across the political spectrum. It is time we opened our eyes. We have been a world leader in facilitating economic crime; we now want to be a world leader in fighting economic crime.

Question put and agreed to.

Resolved,

“That this House notes that economic crime costs the UK economy at least £290 billion per year; recognises that law enforcement agencies are significantly under-resourced to deal with the scale of the problem and can be unwilling to properly enforce existing laws; is concerned at the fragmented nature of the enforcement landscape; and calls on the Government to bring forward an economic crime enforcement strategy that allows for a significant increase in resource to expand and restructure the fight against economic crime, including money laundering and fraud.”

[Angela Rayner (Ashton-under-Lyne) (Lab)]

On a point of order, Madam Deputy Speaker. I assure you that I have informed the Minister concerned. I hope you will be able to advise me on how to shed light on a series of confused and potentially misleading comments made by the Prime Minister and his Minister regarding Alexander Lebedev. During his appearance at the Liaison Committee yesterday, referring to a meeting in April 2018 in which he met Alexander Lebedev, the Prime Minister stated:

“I have certainly met him without officials.”

This is a significant revelation and something no Government Minister has ever commented on under questioning. But during the urgent question earlier today, the Minister appeared to contradict the Prime Minister’s claim that officials were not involved, saying that the Prime Minister did involve his officials. Later in the session, she received word from the Prime Minister that he thinks he told officials. We must get to the facts.

This is not just a question of integrity but demonstrates a complete disregard for British national security. What action can be taken from the Chair or by Members of the House to ensure that Ministers keep their promises to us, to the Crown and to the British people to allow us to get to the facts of this whole murky business?

[Madam Deputy Speaker (Dame Rosie Winterton)]

I thank the right hon. Lady for her point of order. I note that she says that she informed the Minister, quite correctly. It is not for the Chair to determine these matters, but those on the Government Front Bench will have heard what she had to say, and I hope that they will pass back that we would expect the record to be corrected if it needs to be. In addition, the Table Office may be able to advise the right hon. Lady of other ways she might like to pursue the concerns that she has raised.