Money Laundering Debate

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Department: Home Office
Monday 19th March 2018

(6 years, 1 month ago)

Commons Chamber
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Ben Wallace Portrait Mr Wallace
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That is a matter for the NCA—[Hon. Members: “Zero!”] No, no. The NCA has appeared before many parliamentary Committees and been asked those questions. They are a matter for operational partners. It is not for Ministers to come to the House to talk about potential ongoing operations, which could expose our police officers or our methods to the risk of people getting away with it.

Vicky Ford Portrait Vicky Ford (Chelmsford) (Con)
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Does the Minister agree that the UK is one of the most transparent jurisdictions in the world for financial services, which are a key contributor to our economy, and that suggesting that money laundering is somehow rife in the UK risks talking Britain down?

Ben Wallace Portrait Mr Wallace
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It is interesting that no Opposition Member mentioned the fact that, only in the last few weeks, the UK went from 10th to eighth on Transparency International’s register of least corrupt places in the world. That speaks volumes.