Salisbury Incident

Baroness Hodge of Barking Excerpts

Wednesday 14th March 2018 Commons Chamber

[The Prime Minister]

We are asking the OPCW to independently verify this, so the nature of this nerve agent can be clear to everyone. As I said earlier, we introduced, operate and use unexplained wealth orders, but we will always ensure that they are done on evidence. We operate according to the rule of law.

[Dame Margaret Hodge (Barking) (Lab)]

I welcome the Prime Minister’s clear statement, her condemnation of the Russians and the action she has taken. In particular, I welcome the fact that the Government are adopting the Magnitsky amendment. Too much money laundered out of Russia is finding its way into the British system. There are two things she could do pretty quickly which would help to tackle that. First, she could bring forward the public register of ownership of properties, which was promised by her predecessor in 2015 and has been delayed by this Government. Secondly, she could increase transparency in our corporate structures, so that we know who forms companies here and where the money comes from and deal with it if it is illicit money brought in by unsavoury people.

[The Prime Minister]

On transparency in relation to property ownership, I have discussed that with the Business Secretary. We have not been delaying. We need to ensure that we get it right when we introduce it—we have been discussing the timing for introducing it—because we want to ensure we have all the tools in our locker that we can use and that can help us in the endeavour we are engaged in.