Lord Young of Norwood Green
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Monday 31st January 2022
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(2 years, 2 months ago)
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Baroness Williams of Trafford (Con)
The noble Lord is absolutely right. I am not party to some of the discussions going on in the FCDO and elsewhere, but he highlights the point that we have a major problem with regard to the influence here.
Lord Young of Norwood Green (Lab)
My Lords, the reason why Putin and his ilk do not worry too much about economic sanctions is that much of their wealth is laundered over here. The Minister referred to the unexplained wealth orders legislation. Can she explain why there have been few, if any, successful prosecutions?