South Africa: Money Laundering and Corruption

Lord Collins of Highbury Excerpts

Thursday 17th October 2019 Lords Chamber

[Lord Ahmad of Wimbledon]

The noble Lord is right to raise that. We are working very closely, through not just the Foreign Office but the Treasury and DfID, with the South African authorities. I assure the noble Lord that the UK is playing a leading role, not just with South Africa, but in the global fight of fighting corruption. We have already committed £45 million over the next five years through the FCO-led, cross-HMG global anti-corruption programme. On South Africa specifically, we are engaging with a wide range of South African institutions to provide support to investigations with a potential UK link and to build capacity and capability, including specific support in areas such as procurement reform and promoting and facilitating regional co-operation. There are other schemes, including those in multilateral agencies through various UN representative offices, that we are also working together with South Africa on.

[Lord Collins of Highbury (Lab)]

My Lords, we all know that, for sanctions to be truly effective, it requires a concerted action on behalf of the international community. I note what the Minister has said, but can he tell us whether there has been any consultation with the US Government and, of course, our partners in the EU, where we are still part of a sanctions regime? Can he tell us what we can do to try to get that concerted international action against these people?

[Lord Ahmad of Wimbledon]

I assure the noble Lord that this is very much ongoing, not just on the particular individuals concerned, but more specifically across the piece, both with the US and our European partners. In that respect, he will be fully aware, and as I have said repeatedly from the Dispatch Box, that for sanctions to be effective co-operation is required to stop the scourge of illicit financing and money laundering more generally. On sanctions specifically, we hope to introduce secondary legislation in due course very shortly, as part of the Sanctions and Anti-Money Laundering Act, specific provisions on the human rights element of the sanctions regime. I will update the House accordingly in that respect.