(8 years, 8 months ago)
Commons ChamberLast week I visited the scene of the attack in Grand Bassam in Côte d’Ivoire, which killed 19 people and injured more than 20, and laid a wreath on behalf of Her Majesty’s Government. Furthermore, I met President Ouattara and discussed how the UK can support efforts to prevent the radicalisation of young people in his country. We all offer our condolences, support and, indeed, solidarity.
T9. Developing countries lose three times as much to tax havens as they gain in international aid. Although yesterday’s announcement was a welcome, partial step in addressing that, registers of beneficial ownership will be ineffective unless they are public. Does the Minister agree that the Prime Minister’s anti-corruption summit next month would be an appropriate deadline to insist that all of the UK’s overseas territories and Crown dependencies adopt public registers of beneficial ownership?
First, we should congratulate the Prime Minister. This is the first international conference on anti-corruption. We have already made great progress on beneficial ownership, but it is not the only issue of corruption. Having visited Ghana last week, I know that many other issues need to be tackled. Although beneficial ownership is an important issue, it is not the only issue for that corruption conference.