Sanctions

Debate between Layla Moran and Lord Beamish

Tuesday 1st March 2022 Commons Chamber

[Layla Moran (Oxford West and Abingdon) (LD)]

It is a pleasure to follow the right hon. Member for East Antrim (Sammy Wilson). To pick up his point at a moment of reflection, we are all tired because yesterday we were here until late voting, but I walked into work this morning with a spring in my step because we have a democracy to walk into work for. We are here in this debate in defence of another democracy, and what a debate it has been. My goodness, would Russia not be a very different place if it allowed this level of discourse and challenge from both sides of the House and of the Government? That is what we are defending.

I wish to put on record my delight—I hope the whole House will join me in this—in congratulating the Servant of the People party, the party of Volodymyr Zelensky, which has become an associate member of the Alliance of Liberals and Democrats for Europe. It marks the first step—one of many, I am sure—to show that the entire reason why Putin has done this, to try to split us apart, is not working and quite the opposite is happening. The Liberal Democrats are therefore proud to call the Servant of the People party our sister party, and I am sure all hon. Members feel that way about that party and all parties in Ukraine.

In that spirit of cross-party co-operation, I welcome these measures on behalf of the Liberal Democrat party. It is right that we are targeting the Russian financial sector and the export of dual-use and critical-use goods. I ask again about the 30-day grace period. One of the benefits of speaking last is that I waited for those who are much more practised in such things—a former Chair of the Public Accounts Committee, and others—to explain to me, a relatively new Member, what I did not understand. But I still do not understand. If we are not going to publish the names, even quietly, and assuming they do not leak, and if we cannot say who we are sanctioning and who is on that designated list, I do not understand how we can distinguish between a company that is legitimately winding up its business, and one that is winding up its illicit goods to go somewhere else. How do we do that without divulging that list to someone? I would like some explanation for that.

[Mr Kevan Jones]

Does the hon. Lady think it strange that the Government are reluctant to name the individuals they are going to sanction? Our European partners are not only sanctioning individuals, but taking property off them and naming them publicly. Does she understand why the Government are reluctant to do that?

[Layla Moran]

I am so grateful for that intervention, and I absolutely do not understand. I intervened about that at the beginning of the debate. I have listened to the whole debate and am none the wiser, having listened to many sage Members also try to work it out. I think we are owed an explanation from the Minister. He went away for a bit but he has come back, I hope with an explanation. What is going on? We have the benefit of parliamentary privilege in this place. I will not pre-empt what Mr Speaker may or may not allow in future business of the House, but if we need to sit here and read out all the names, we have to do it. But it should not be up to us, and a lot of the names are ones that the Government already have. The information is there, and there is no reason we should be waiting.

Some of the new names on the EU sanction list include Mikhail Fridman, Alisher Usmanov, Petr Aven, Igor Sechin, and Nikolay Tokarev—they are there. There is now a joint taskforce for sharing information, which is good. Apparently it always existed, so I did not quite understand the announcement—perhaps it is being shared more. However, if we look at the number of people we have sanctioned recently, it is nine, one of whom is Putin, which we all know is just symbolic. We can go further.

I disagree with the right hon. Member for Newark (Robert Jenrick), who said that these measures will not do very much. They will do quite a lot, because we know that is how Putin manages his money. If we go after these people, we are going after him. That is how he operates. The broader point, which it is important to make, is that it feels as if, because of the tragedy unfolding before our eyes, the wool is being pulled from many people’s eyes. I fully congratulate Members across the House who have been raising these points over many years and indeed across many countries.

Our own reports have also warned about this, not least the Russia report, which states:

“This level of integration—in “Londongrad” in particular—means that any measures now being taken by the Government are not preventative but rather constitute damage limitation… The links of the Russian elite to the UK…provides access to UK companies and political figures and thereby a means for broad Russian influence in the UK. To a certain extent, this cannot be untangled.”

How did we get here? That was the question that the hon. Member for Isle of Wight (Bob Seely) posed in his excellent speech. I will posit an answer. I think it was greed, and not just from one political party; it was a collective greed, and a wilful naivety to what has been in front of us. All the signs were there, and there was a collective wilful naivety for the sake of rapid economic growth and actually some very laudable aims—trade, for example, being a tool of diplomacy. We want to support business and the City. All those things can be true at the same time, but there came a moment when some people sniffed a rat and they did not call the exterminator. That was many years ago.

I think it was the right hon. Member for Birmingham, Hodge Hill (Liam Byrne) who described this as a cancer. As we know, removing a cancer is painful to the person who has it—it can even be dangerous—but the reason we do so is for the person’s medium and long-term health. We have to do this, so I end simply by urging the Minister not to shy away from the difficult questions, or from things that are not coming in the Economic Crime (Transparency and Enforcement) Bill and the overseas entities register, and to deal with some of the issues of lawfare, or at least put a framework in place in order to deal with them.

How can it be right, if transparency is the best disinfectant, that we do not allow our free press and media to investigate individuals and companies, because they are being consistently harassed? That is bad for democracy, so I hope to add my voice to all of those on the Back Benches in the debate. I urge the Minister, and the Government, to grasp this nettle, as painful as it may be. If he wants to go further and faster, the Liberal Democrats will support him.