International Anti-Corruption Court

Lord Sandhurst Excerpts

Monday 2nd September 2024 Lords Chamber

[Baroness Chapman of Darlington (Lab)]

Noble Lords will of course understand that we cannot make progress on this without a treaty on which to base it. We cannot produce that treaty ourselves; it must be done, by necessity, with international partners. We see this very much as complementing the work that has been done on international money laundering in the UK and with the British Virgin Islands and elsewhere. Should there be discussions along the lines which the noble Lord outlined, we would be happy to take part in them.

[Lord Sandhurst (Con)]

My Lords, I welcome the Minister to the Front Bench. The United Kingdom’s international anti-corruption unit has been a world-leading capability since its establishment in 2017. As we heard last year, by 2023 it had

“disseminated 146 intelligence reports, identified £1.4 billion-worth of assets, and supported the freezing of £623 million-worth of assets”.—[Official Report, 6/7/23; col. 1301.]

Grand corruption is a grave issue. What further steps will the Government take to better recover stolen assets?

[Baroness Chapman of Darlington (Lab)]

I am very grateful to the noble Lord for his remarks. We share our ambition and determination to tackle this issue in as many different ways as are necessary. I highlight the International Anti-corruption Co-ordination Centre, which is part of our NCA. It has been incredibly successful and is unique internationally in its ability to share data and investigate and pursue money that has been raised illegally elsewhere in the world. We want to build on this success.