Vashi: Fraud

(asked on 24th March 2026) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what assessment his Department has made of the impact of the Vashi diamonds case on investor confidence in the UK.


Answered by
Chris McDonald Portrait
Chris McDonald
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 1st April 2026

The Government has not made a formal assessment of this case; however, the UK continues to be regarded internationally as a strong and attractive destination for investment, underpinned by a robust rule of law, transparent insolvency processes, and a longstanding pro business environment. These fundamentals provide investors with confidence that commercial disputes are handled fairly and predictably.

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