Oral Answers to Questions

Keir Starmer Excerpts

Wednesday 2nd March 2022 Commons Chamber

[The Prime Minister]

I hope I spoke for the whole House when I spoke to President Volodymyr Zelensky this morning and told him that we will, indeed, do everything we can to accelerate our transfer of the weapons my hon. Friend describes. As the House knows, the UK was the first European country to send such defensive weaponry, and we are certainly determined to do everything we can to help Ukrainians who are fleeing the theatre of conflict.

[Keir Starmer (Holborn and St Pancras) (Lab)]

I am very glad the ambassador is here to hear me repeat what I have said to him privately on a number of occasions, which is that this House and this country stand united in our support for the Ukrainian people in the face of Russian aggression. We are all appalled by the shocking footage that has emerged over the last few days. We must stand up to Putin and those who prop up his regime.

Roman Abramovich is the owner of Chelsea football club and various other high-value assets in the United Kingdom. He is a person of interest to the Home Office because of his links to the Russian state and his public association with corrupt activities and practices. Last week, the Prime Minister said that Abramovich is facing sanctions, but he later corrected the record to say that he is not. Why on earth is he not facing sanctions?

[The Prime Minister]

It is not appropriate for me to comment on individual cases at this stage, but I stand by what I said in the House and what we put on the record. Be in no doubt that the actions that we and this House have already taken are having an effect in Moscow. By exposing the ownership of properties and companies in the way we are, and by sanctioning 275 individuals already and a further 100 last week, the impact is being felt. In addition, we will publish a full list of all those associated with the Putin regime, and of course we have already sanctions on Putin and Lavrov themselves. The House will have heard what the President of the United States had to say last night. The vice is tightening on the Putin regime, and it will continue to tighten.

[Keir Starmer]

I hear what the Prime Minister says and the way in which he puts it. I hope it means we will see some action in the near future.

Last week, Putin summoned to the Kremlin the cronies who prop up his regime. They dipped their hands in the blood of Putin’s war, and among them was Igor Shuvalov, Putin’s former Deputy Prime Minister. Shuvalov owns two flats not five minutes’ walk from this House, and they are worth more than £11 million. He is on the EU sanctions list, but he is not on the UK sanctions list. When will the Prime Minister sort this out?

[The Prime Minister]

The House should be proud of what we have done already, and there is more to be done. Thanks to the powers that this House and this Government have taken, we can sanction any individual or company connected to the Putin regime. This Government were among the first in Europe to ban Aeroflot from our skies. This Government led the way last week on banning Russia’s use of SWIFT. If the right hon. and learned Gentleman talked to any of our European partners, he would understand the leading role the UK has already played and the impact that those sanctions are already having in Moscow. As I told him, the squeeze is growing and will continue to grow on the Putin regime.

[Keir Starmer]

I support the measures that have been taken so far. The ownership of Shuvalov’s flats is registered under Sova Real Estate, which is actually owned by Shuvalov and his wife. We know which oligarch lurks beneath that shell company only because of the information obtained and disclosed by Alexei Navalny, who was of course poisoned by the Russian state and now sits in a Putin jail. Transparency is essential to rooting out corruption. It should be built into our law, but it is not. I am ashamed that we know about Shuvalov’s Westminster flats only because a dissident risked his life. Is the Prime Minister?

[The Prime Minister]

I repeat that the UK, of course, is doing everything we can to expose ill-gotten Russian loot. We have been working on that for a long time. We were the first to impose sanctions on those who were guilty of the poisoning of Alexei Navalny, which the right hon. and learned Gentleman mentions. But what we are bringing forward now is the exposure of the ownership of properties in London, and across the whole of the UK, in a way that has not been possible before and that I believe will continue to tighten the noose around Putin’s regime. Be in no doubt: it was the UK that led the way on putting sanctions on the Russian central bank and on putting sanctions on Russian banks altogether. I am afraid that we are still out in advance of several of our friends and partners. We want them to go further, I believe that they will and we will continue to put pressure—ineluctable pressure—on the Putin regime.

[Keir Starmer]

The Prime Minister refers to the long overdue economic crime Bill, which, to be clear, we support and will vote through on Monday with speed. The key plank of that Bill is a register of who truly owns property in the UK, but it does not come into force for existing owners such as Shuvalov until 18 months after the Bill passes. At best, that is autumn 2023, which is far too long for the Ukrainian people. Why are we giving Putin’s cronies 18 months to quietly launder their money out of the UK property market and into another safe haven?

[The Prime Minister]

Let us look at the impact of what the UK is doing. The whole House should be proud of what we have done, because we have led the way on this. We led the way on SWIFT, on Aeroflot and on freezing the assets of banks. The right hon. and learned Gentleman asks about the speed of results. I can tell him that, on Thursday, $250 billion-worth of assets were wiped off the Russian stock market and the rouble fell by about 40%. We are now on the third day on which the Russian stock market has not been able to open. That is thanks to the package of global sanctions—western sanctions—that the UK has led in enforcing on the Putin regime. I think he should acknowledge that.

[Keir Starmer]

I have acknowledged it and I do again. What I am offering is support to speed this up on Monday. The Prime Minister knows he has the House with him when the economic crime Bill goes through. We could do this on Monday at speed, and I think the whole House would welcome that. So this is an invitation to work together, Prime Minister.

The Department for Business, Energy and Industrial Strategy published a White Paper this week. It rightly sets out that the UK’s companies register is being exploited to further the interests of the UK’s enemies and to help them to move stolen money into the west. But the same Department, on the very same day, published an economic crime Bill that did nothing to address that, leaving Companies House untouched and still exploited. So will the Prime Minister work with us to amend the Bill on Monday to include the most basic reforms such as identity checks for directors?

[The Prime Minister]

As I have said, we are bringing forward, at an accelerated pace, measures to whip aside the veil of anonymity of those who own assets in this country and those who own property in this country. Furthermore, we are going to be publishing a list of all those who have assets that are related to the Putin regime. I am delighted by the support that the right hon. and learned Gentleman is offering. If we can work together to make sure that we strengthen and accelerate the package, all the better.

[Keir Starmer]

We will work in that spirit to bring forward amendments on Monday to try to achieve all the ends that I have identified in these questions. I think that this can be voted through on Monday at speed, with the full support of the House. I am very pleased that we can show that unity with the ambassador here watching us.

In this week of darkness, we have seen glimmers of hope: in the resolve of Ukraine; in the unity of our allies; and in the bravery of Russian protesters. They remind us that the Russian people are not our enemy; they are the victims of thieves, who have stolen their wealth and stolen their chance of democracy. For too long, Britain has been a safe haven for stolen money. Putin thinks that we are too corrupted to do the right thing and put an end to it. Does the Prime Minister agree that this House and this country stand united in our support for Ukraine, and now is the time to sanction every oligarch and crack open every shell company so that we can prove Putin wrong?

[The Prime Minister]

Yes, and that is why this Government have brought forward the unprecedented measures that we have. I know that the whole House would agree with me that nothing we do in rooting out corruption and corrupt money in London or in any other capital—I agree with the right hon. and learned Gentleman very strongly—should for one minute distract from where the true blame for this crisis lies, which is wholly and exclusively and entirely with Vladimir Putin and his regime. I am glad that those on the Opposition Benches are as resolved as we are that Putin must fail in his venture and that we must ensure that we protect a sovereign, free and independent Ukraine. That is what we are going to do. With the unity of this House, with the continued heroism and resolve of the Ukrainian people, which is so amazing, that we have seen over the past few days, and with the unity of the west that we are seeing, which I think has also taken President Putin aback, I have no doubt at all that he will fail and that we will succeed in protecting Ukraine.