Terrorism: Finance

(asked on 7th September 2017) - View Source

Question to the Home Office:

To ask the Secretary of State for the Home Department, how many accounts in UK banks have been frozen as a result of allegations of terrorist financing in each of the last five years.


Answered by
Ben Wallace Portrait
Ben Wallace
This question was answered on 27th November 2017

The Terrorist Asset Freezing etc. Act (2010) and UN asset freezing measures against ISIL (Da’esh) and Al-Qaida (2011) provide the mechanisms for the assets of a person, including funds in any bank accounts, to be frozen. An asset freeze is only applied where the relevant legal tests have been met. The number of accounts frozen under these measures at the end of each calendar year are as follows:

2013

2014

2015

2016

2017 (to date)

90

80

79

42

41

Source: HM Treasury statistics

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