Sanctions

Debate between Neale Hanvey and Bob Seely

Tuesday 1st March 2022 Commons Chamber

[Bob Seely]

We absolutely should, and the hon. Gentleman makes another really important point. The lawyers go after anything and everybody they can to try to destroy them in any way they can. One of the most awful things I read was that Mishcon de Reya was in the process of financially destroying that Maltese journalist Galizia before she was physically destroyed. How awful is that? How much reputational damage are these people willing to endure for the bonuses they make? We are not talking about these people as individuals or as companies enough. We need to do that more.

[Neale Hanvey]

I have been listening intently to what the hon. Gentleman has said, but surely there must be some remedy and solution. I would be very interested in his view on what practical steps we can take collectively to shut down these loopholes and stop these sharp practices.

[Bob Seely]

There are lots of them; there are too many for me to go into, because I am genuinely trying to wind up my speech, Mr Deputy Speaker. The best way of doing that is to use privilege to get these oligarch names out on the Floor of the House, so that we do not have to worry about being sued for what we say about them and so we can get the sanctions out, rather than have them cart their money off to God knows where. We can cap costs in NCA cases. We also have to get the crime agencies talking much more holistically.

To round up, I seek a public inquiry into what has gone wrong in the past 10 to 15 years, because this system is becoming rotten at so many levels. I am talking about the amount of money; the corruption to some of the standards in the legal firms; and some of the former politicians—on the Opposition side and ours—who are, in effect, the public spokesmen for these people. It is wrong and there is progress to be made. I support these measures but they should be a start, not an end.