David Warburton
Main Page: David Warburton (Independent - Somerton and Frome)Department Debates - View all David Warburton's debates with the Home Office
(8 years ago)
Commons ChamberI do not have the answer to hand at the moment, but this was the first week, with 21 forces engaged in Operation Sceptre. That had a hugely beneficial effect, in terms of not only the surrendering of weapons across the country but arrests across the country. It sent out an incredibly clear, firm message: we will not tolerate people carrying knives as they will use them harmfully on innocent citizens.
Since 2010, £1.2 billion of criminal assets have been recovered, and a further £3 billion have been frozen. The Serious Crime Act 2015 provided new powers, and the Criminal Finances Bill will further improve our capability, but there is more to be done. Next year we will publish a new asset recovery action plan, and the Cabinet Office will look at the UK’s response to economic crime more broadly. This will include looking at the effectiveness of our organisational framework and the capabilities, resources and powers available to the organisations that tackle economic crime.
I thank the Home Secretary for that. The Criminal Finances Bill contains many measures to combat illegal and immoral financial activity, but can my right hon. Friend confirm that the new law enforcement measures in relation to unexplained wealth orders will ensure not only that we can better combat illegal activity but that the principles of transparency will be upheld?
My hon. Friend raises a really important point. Unexplained wealth orders will send a powerful statement to those who wish to launder the proceeds of their crimes in the UK. They are an investigative power and so will be subject to the same court rules that apply to the existing civil recovery investigative powers.