11

We are concerned the Government’s recent rhetoric about action on “dirty” Russian money implies that...

Recommendation
We are concerned the Government’s recent rhetoric about action on “dirty” Russian money implies that the current raft of sanctions is a part solution to the UK’s problem of kleptocratic wealth. We welcome the issuance of sanctions, which have frozen the assets of a growing number of oligarchs for supporting, or receiving benefit from, the Russian Government. But this should not become a form of “criminal justice light” where assets are held indefinitely without subsequent prosecution, nor should it become a form of expropriation without due process. We recommend that the relevant law enforcement agencies now take advantage of the time these asset freezes provide to consider if there is a criminal case for asset seizure.
Paragraph Reference
27
Government Response

A response document is linked to this report, dated 26 October 2022. Response attribution to this recommendation has not been verified. Read the response document.

Addressee Bodies
Foreign, Commonwealth & Development Office
Timeline
Recommendation age 4.2 yrs
Report published 30 Jun 2022