Corruption: Low and Middle-income Countries
Debate between Lord Oates and Baroness Whitaker
The Minister of State, Foreign, Commonwealth and Development Office (Baroness Chapman of Darlington) (Lab)
My Lords, the Government remain committed to reducing the harms of illicit finance on developing countries and to holding those responsible to account. The National Crime Agency’s international corruption unit and international anti-corruption co-ordination centre provide critical assistance to help developing countries trace and recover stolen assets and pursue justice via the UK courts. The Government plan to publish a new anti-corruption strategy, which will set out ambitious actions and reforms in this area.
Lord Oates (LD)
My Lords, I welcome the Government’s focus on this critical issue. The Minister will be aware of the particular role of the illicit gold trade in fuelling the conflict in Sudan and conflicts elsewhere, and in laundering the proceeds of corruption around the globe. Will the Government, therefore, use their forthcoming illicit finance summit to designate additional sanctions packages against corrupt elites, such as those members of the Zimbabwe gold mafia, who have not yet been sanctioned, and their professional enablers, who launder proceeds from the illicit gold trade through the UK and through the United Arab Emirates?