← LEADERSHIP TERMINAL

UK PARLIAMENT · SITTING

Liam Byrne

MP for Birmingham Hodge Hill and Solihull North · Labour · United Kingdom

IN THEIR OWN WORDS

The loss of 4,000 jobs at Jaguar Land Rover is a body blow for workers, families and communities across the west midlands, so I commend Richard Parker, the Mayor of the West Midlands, for moving quickly on Monday to put £500,000 on the table to help ensure that everybody gets back to work.

JAGUAR LAND ROVER: REDUNDANCIES · 2026-09-09 · READ IN HANSARD

I wholeheartedly welcome this well-rounded statement from the Foreign Secretary, and put on record my thanks to the new Prime Minister for the hard yards that I know he has put in over recent days and weeks.

ISRAEL AND PALESTINE · 2026-09-08 · READ IN HANSARD

I am grateful to my hon. Friend for giving way, and I offer my warmest congratulations to her on her appointment to the role; she will be a brilliant Minister.

REPRESENTATION OF THE PEOPLE BILL · 2026-09-02 · READ IN HANSARD

Let me start with a word of thanks to my hon. Friend the Member for Chester North and Neston (Samantha Dixon), who is not in her place, who said quite rightly that an awful lot has changed since the Bill was first introduced to this House. Indeed, a lot has been revealed over the course of the summer.

REPRESENTATION OF THE PEOPLE BILL · 2026-09-02 · READ IN HANSARD

The effect of new clause 34 would be to ban off-ramping, ban new forms of digital currency transactions and ban memecoins, which are exactly the kind of measures that Ministers now need to bring forward. If we want to take the crypto system out of political finance, this is what we need to do.

REPRESENTATION OF THE PEOPLE BILL · 2026-09-02 · READ IN HANSARD

No doubt we will learn that Mr Cottrell was in fact on the electoral register when that money was passed. No doubt we will discover that his mother, Fiona Cottrell, declared and did not disguise the fact that the money had ultimately come from her son.

REPRESENTATION OF THE PEOPLE BILL · 2026-09-02 · READ IN HANSARD

The complete record

Every one of 5,360 lines we hold for Liam Byrne, in date order, each linked to its source. Free to read, in full, without an account. Page 22 of 108.

  1. This is at best a half measure. Companies House has 11,000 shell companies where there is no person of significant control registered, yet there have been only 112 prosecutions, which is just 1%. We have 12 different agencies in charge of economic crime, there is no Minister with clear responsibility, and the National Crime Agency says that its budget needs to be doubled. Irony of ironies, journalist Tom Burgis is being taken to court this Wednesday for daring to reveal the truth about the corrupt company ENRC; our courts are being used as arenas to shut down journalists. We need a far bigger, bolder plan from the Minister.

    CORPORATE TRANSPARENCY AND ECONOMIC CRIME · 2022-02-28 · READ IN HANSARD

  2. Can we have a debate about why Vnesheconombank was not sanctioned this week? As the Leader will know, its deputy governor was appointed by Vladimir Putin in 1999. On 29 April 2016, that deputy governor was given $8 million by a sanctioned individual, Suleiman Kerimov. Shortly thereafter, Lubov Chernukhin—wife of Vladimir—transferred £1.5 million to the Conservative party. Missing from the sanctions list this week was that deputy governor’s bank. The Government will want to avoid any suspicion that they were paid to look the other way, and I do not want to apply for an unexplained wealth order against the Conservative party, so can we have a debate to clear that up once and for all?

    BUSINESS OF THE HOUSE · 2022-02-24 · READ IN HANSARD

  3. The reality is that, by 2050, the economies of the new silk road will be worth two and a half times the value of the economies on the Atlantic seaboard. The economic centre of gravity is moving east. This is possibly where I differ from the hon. Member for Isle of Wight. In my view, we need to think imaginatively about offering the welcoming hand of trade as well as offering a strong shield and a strong sword. I will finish with a quote from Dean Acheson, the US Secretary of State after world war two, who famously boasted that he was present at the creation. He warned us that “the future comes one day at a time.” We now do not have a single day to waste. That is why this debate is so very important.

    RELATIONSHIP WITH RUSSIA AND CHINA · 2022-02-24 · READ IN HANSARD

  4. We have the wherewithal to mobilise sovereign wealth funds, which are growing radically and quickly in places such as the Gulf, and deploying that money in good strong contracts, with good strong standards, that avoid the kind of mistakes that we saw in the early days of the Qatari world cup stadium-building programme. We could be a force for good in building infrastructure, in financing infrastructure, and in making sure that there are good rules around that. We could be thinking imaginatively about how we create free trade across this zone. We could be thinking imaginatively about how we settle disputes. We could be thinking imaginatively about the legal services and the consulting services that we offer out of London into this space.

    RELATIONSHIP WITH RUSSIA AND CHINA · 2022-02-24 · READ IN HANSARD

  5. Then, we created the OECD to foster Europe’s economic development; we now need to do the same for the silk road. The passage to India, the Pacific and beyond now needs a British-led institution that looks imaginatively at how we create new infrastructure. China will be spending something like $1.5 trillion on infrastructure across this great border zone. What are we spending? We do not know, but we could be using our skills to identify the infrastructure priorities in places such as Pakistan. We could be thinking imaginatively about how we mobilise infrastructure finance. London has been the home of infrastructure finance since we defeated Napoleon and Nathan Rothschild created the international bond market in London.

    RELATIONSHIP WITH RUSSIA AND CHINA · 2022-02-24 · READ IN HANSARD

  6. This is not an original point of mine but something that people such as Lord Ricketts have been writing about for some time. If we look back over history, we see so many examples of how, when Russian and Chinese leaders feel strong at home, they advance into the periphery—into the borderland. That was true under Tsar Nicholas and under the Qing empire, and it is true today. That means that a corridor of chaos is potentially going to stretch from the Baltic to Ukraine, down through Syria and Iran, through Kashmir, into Myanmar, into North Korea and into the South China sea. We have not only to think creatively and imaginatively about how we provide a security environment for that space but to think anew about creating a Marshall plan for that space, just as we did in Europe after world war two.

    RELATIONSHIP WITH RUSSIA AND CHINA · 2022-02-24 · READ IN HANSARD

  7. The truth is that the intermediate-range nuclear forces treaty broke down because President Putin was breaking the rules and deploying SSC-8 missiles, which were prohibited by that treaty. Russia has built very effective anti-access and area-denial systems that safeguard it against air and naval attack. A defence against ground-launched cruise missiles is much more difficult. The Secretary-General of NATO has been right to rule out arming those missiles with nuclear warheads, but we must now think more aggressively about our defence posture, given the security threat President Putin now poses to this great homeland of Europe. The final point I wish to make clear is that it is time for British grand strategy to go through something of a renaissance.

    RELATIONSHIP WITH RUSSIA AND CHINA · 2022-02-24 · READ IN HANSARD

  8. That means that we should have proactive talks with Finland and Sweden about how they partner with NATO; it means further reinforcing our presence in the Baltics; it means new kinds of conversations at the other end of the border, in Georgia; it means thinking about how we take on and equip those fighting the insurgencies in places such as South Ossetia and Transnistria; and it means that we have to take a completely different approach to the Balkans, and step up and accelerate the path towards NATO membership for Bosnia-Herzegovina. We now have to start to roll NATO forward in strength across the border, so that President Putin’s tactical advance results in what is ultimately a strategic defeat. I am afraid part and parcel of that is that we will have to consider the deployment of intermediate ground-launched cruise missiles in Europe.

    RELATIONSHIP WITH RUSSIA AND CHINA · 2022-02-24 · READ IN HANSARD

  9. We in this House have to confront the reality that our strategy of deterrence has failed. Most of us who spoke in the debate on the economic sanctions were profoundly disappointed with the weakness of the package proposed. Frankly, many of us feel that the Prime Minister was a little late to the party. “Too little, too late” will be written on his political gravestone, I fear. None the less, we must now accept that the threat of sanctions has failed and we must now offer President Putin the iron fist. That has to take aim at Russia’s key strategic weakness, which is its 20 km border. We must now envisage a different security environment along the Russian border.

    RELATIONSHIP WITH RUSSIA AND CHINA · 2022-02-24 · READ IN HANSARD

  10. We have to be the guardians of the new rules-based order for this simple reason: if we think the scale of global corruption today is bad, we must think for a moment about the world that is to come. The World Bank estimates that the value of natural resources in countries with bad corruption scores is $65 trillion. Imagine the world of the future, in which those natural resources are extracted and the profits go to some of the worst people on earth. That is why there is now an urgency for a very different kind of philosophy to guide our foreign policy. We have to be the place, the country, the leader that seeks a world of not simply free trade but clean trade. That must be one of the defining features of our foreign policy for the years to come. The second dimension is that we obviously need new defences.

    RELATIONSHIP WITH RUSSIA AND CHINA · 2022-02-24 · READ IN HANSARD

  11. I generally try to avoid a Manichean view of the world as divided into black and white, because the world is more complicated than that, but the truth is that, from Kaliningrad through to Kamchatka, we are now witness to the creation of an enormous kleptosphere. Inside the borders of that kleptosphere, the merciless logic is that might is right: in the old phrase, the strong do what they can and the weak suffer what they must. We have to be the guardians of what we might call the “canon-osphere”—the space around the world where there are rules, there is the rule of law and there is justice. Just as we once rid the world of piracy and slave trading, we now have to be the place that leads the charge against economic crime, no matter where that crime is perpetrated.

    RELATIONSHIP WITH RUSSIA AND CHINA · 2022-02-24 · READ IN HANSARD

  12. I congratulate the hon. Member for Isle of Wight (Bob Seely) on securing this important debate. His timing could not have been better. It is clear from today’s events that we live no longer in an era of change but in a change of era. That has three significant implications for our strategy on Russia and China, which is why the hon. Gentleman’s timing today is so fortunate. The three shifts entail a worldview different from that of UK policy makers, and they require a shift in our defensive strategy and a renaissance in creative diplomatic strategy whereby, quite simply, we in this country need to build a new rules-based order for the new silk road. Let me start with the new worldview that is going to be needed.

    RELATIONSHIP WITH RUSSIA AND CHINA · 2022-02-24 · READ IN HANSARD

  13. I deplore the viciousness and madness of the madmen of Hamas, but I have to say to the Minister that the two-state solution is now becoming a mirage and we have to intervene now in order to act. We have to act for peace and that is why we should recognise the state of Palestine today.

    RECOGNITION OF THE STATE OF PALESTINE · 2022-02-24 · READ IN HANSARD

  14. They are standing by while products such as those made by JCB are destroying homes in the occupied territories. Frankly, they are not investigating the whys and wherefores of some of our arms exports. Like many here, I have stood in Palestine and seen how the route taken by Mary and Joseph to Bethlehem is now impossible to take, because it is broken up by walls. I have heard children talk about the post-traumatic stress disorder they now suffer. I have listened to shepherds whose lives have been destroyed because they have no legal right to build a home of their own. I have listened to farmers whose water has been stolen. Like everybody here, I deplore the attacks on Israel.

    RECOGNITION OF THE STATE OF PALESTINE · 2022-02-24 · READ IN HANSARD

  15. In October 2014, the Foreign Office said again that there should be a two-state solution on 1967 boundaries with East Jerusalem as a shared capital. Thirdly, we recognise the moral responsibility and we recognise the legal responsibility to crack on. Do we now think that peace and a two-state solution is in jeopardy? Yes, we do. There are now 650,000 settlers breaking up the occupied territories. The threat is explicitly recognised by the UN Security Council in resolution 2334, which states that the cost of settlements is now “a flagrant violation under international law and a major obstacle” to peace. Despite that moral responsibility, despite the legal urgency and despite the threat to peace, what are the Government doing? They are refusing to recognise the state of Palestine. They are pursuing a free trade agreement with Israel.

    RECOGNITION OF THE STATE OF PALESTINE · 2022-02-24 · READ IN HANSARD

  16. My congratulations to my hon. Friend the Member for Sunderland Central (Julie Elliott) on securing the debate, because on trial today is the complete incoherence in the Government’s approach to Palestine. Let me go through the three basic logical points in the argument. First, do we believe that we have a moral responsibility to recognise the state of Palestine? Yes, we do. When we held the mandate between 1923 and 1948, we acknowledged a sacred trust of civilisation to prepare Palestinians for an independent country, thereby recognising the right to self-determination. Secondly, is there now a legal responsibility and imperative to crack on with recognition? Yes, there is. In November 2011, Lord Hague said that Palestine met the criteria for statehood. In 2014, the House voted for recognition by 274 votes to 12.

    RECOGNITION OF THE STATE OF PALESTINE · 2022-02-24 · READ IN HANSARD

  17. I agree with the Prime Minister that it seems like the curtain has now come down on the era that began in 1989. We have lived in an era of change since then, and this now feels like a change of era. In this new era, the permissive environment that we created for the Kremlin’s quartermasters to live, invest and party in London, sometimes with the Prime Minister himself, must now come to an end— [ Interruption. ] So let me ask the Prime Minister this: will he undertake to ensure that every visa issued to a Russian dual national is now reviewed? Where proximity to President Putin is proven, that citizenship should be stripped away.

    UKRAINE · 2022-02-24 · READ IN HANSARD

  18. I am sorry that the Minister has to defend the indefensible. Will she confirm to the House today whether the vetting of Mohamed Amersi’s donation surfaced the news that he made $4 million in a business deal with a man who was President Putin’s telecoms minister? Did the vetting cover that—yes or no?

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  19. This is the chap who Bloomberg tells us has been revealed as making large parts of his fortune through channelling “a $6 billion torrent of cash” from the Russian oil giant Rosneft to Kurdistan. The money flowed to a company registered in the tax haven of Belize, with a mailing address in Cyprus. Then we have David Burnside, formerly of this parish. His firm has donated £200,000. Mr Burnside boasts links to senior figures in the Kremlin. The Guardian reported that he “has introduced several prominent Kremlin figures to senior Conservatives”, including Mr Putin’s old friend, Vasily Shestakov.

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  20. The House will be amazed to hear that the Conservative party has not. Then we have Mohammed Amersi. He and his wife have given £793,000 to the Conservative party. The BBC said he was involved in one of Europe’s biggest corruption scandals, which entailed $220 million being paid to a Gibraltar-based company owned by the daughter of the President of Uzbekistan. He has always insisted that his donations came from UK profits, but the Financial Times tells us that he “received $4m from a company he knew to be secretly owned by a powerful Russian”— Putin’s then telecoms Minister. Then we have Murtaza Lakhani, whose firm Mercantile & Maritime has donated £500,000.

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  21. He has been working very closely with Viktor Fedotov, a director of Aquind, a source of great largesse to many Members in the House. Mr Fedotov is the former head of a subsidiary of Lukoil, and was revealed in the Pandora papers as a man who, along with two others “made fortunes from the company in the mid-2000s, around the time it was alleged to have been siphoning funds from the Russian state pipeline monopoly Transneft.” Then we have Dmitry Leus, who has donated £54,000. According to the Daily Mail , he was “found guilty of money laundering and jailed in Russia in 2004. The conviction was later overturned and he insists the prosecution was politically motivated.” Here is the mystery: he also donated to the Prince’s Foundation, which has decided to return Mr Leus’s money.

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  22. Let us start with Lubov Chernukhin, who has donated £2.1 million. The Guardian revealed that her husband, Vladimir, who was appointed deputy chairman of VEB, which was not sanctioned yesterday, received $8 million from Suleiman Kerimov, who was sanctioned by the US Treasury in 2018. The transfer to Vladimir came on 29 April 2016, mysteriously just before a donation of £1.5 million to the Conservative party. Then there is Alexander Temerko, a man who, it is said, “forged a career at the top of the Russian arms industry and had connections at the highest levels of the Kremlin”. He was a former deputy chairman of Yukos Oil Company and somehow mysteriously escaped the purge of his colleagues. He has now donated £747,000.

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  23. Apart from the Magnitsky sanctions, which came from a list of the crimes handed to us in 2007, we have not proposed any sanctions for economic crime against Russian-born individuals since 2014. Some might say that is benign neglect; others might say it is malign neglect; and others might say that the Conservative party has been paid to look the other way. I am sure we were all reassured by the Secretary of State for Instagram’s appearance on “BBC Breakfast” this morning, where she—the Foreign Secretary—told a grateful nation that the Tory party vets its donors and that we must not confuse Russian heritage with proximity to President Putin. I think we would all agree with that, which is why, in the spirit of generosity and helpfulness, I offer my vetting services to those on the Conservative Front Bench this afternoon.

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  24. Thank God for HarperCollins and Arabella Pike because, frankly, without such brave publishing houses, we would not have the truth brought into the public domain. Then we have the Government’s failure to introduce a foreign agents registration Act, despite the fact that it works in America and Australia. To cap it all, they have failed to offer us any kind of hard timetable for the economic crime Bill, which is an omission so serious that they lost their own Minister to it in the House of Lords. Those 10 elements—this 10-step decent into chaos—is why we now have a situation where the grand total of unexplained wealth orders targeted against oligarchs is zero.

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  25. Then they have failed to bring forward a register of beneficial ownership of property, like the multi-million-pound mansions in Westminster. Then they have failed to use our unique role in the global financial economy to light up where bad actors are doing bad things. SWIFT, the financial messaging system, is based in the UK. We are the global hub, along with New York, of financial settlement worldwide. We could be using the panorama of information to which we have access to light up bad people, to create intelligence packages and then to ensure that those people are pursued to the ends of the earth. We have failed to stop our courts being used as arenas to silence journalists such as Catherine Belton and Tom Burgis, who are pursuing bad and corrupt companies.

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  26. Going through the list of measures rated “red” by the Royal United Services Institute, some of them are pretty significant, such as making sure that the police get serious about tackling fraud and economic crime. Next, the Government have starved the National Crime Agency of so many resources that its director general says that it will not take on cases where it thinks the legal costs will be too high. Then they have failed to equip Companies House with the powers to check information sent in by people setting up shell companies. According to the Minister, there are now 11,000 companies on the register that still have not filed returns on who is the person with significant control, yet how many prosecutions have we had? One hundred and nineteen. It is pathetic; it is lamentable.

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  27. When the Minister was appointed— [ Interruption. ] Well, he was appointed with the title of Minister for Security and Borders, whereas his predecessor was known as the Minister for Security and Economic Crime. So the Government are taking economic crime so seriously that they deleted it from the title of the Minister who has been asked to wind up this debate. Secondly, the Government have now tasked not one, not two but 12 different agencies with tackling the problem of economic crime without going to the trouble of appointing someone to be in charge of these 12 different agencies so as to lead the charge. Thirdly, they have neglected to implement 60% of the measures in their own economic crime plan.

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  28. It says that the scale of economic crime is some £100 billion a year in money laundering and £190 billion lost to fraud—a total of £290 billion. That is a significant chunk of our nation’s GDP, so this is not an insignificant problem: it is a monumental problem over which the Government are presiding. Secondly, the reputational damage is so serious that think-tanks in Washington are writing reports saying things like: “uprooting Kremlin-linked oligarchs will be a challenge given the close ties between Russian money and the United Kingdom’s ruling Conservative Party”. How on earth has the Conservative party got itself into this mess? Well, it is quite a story. I am going to rattle through the 10 key steps that have led the Government to get into this mess. First, they abolished the Minister in charge of economic crime.

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  29. The ministerial code, for what it is worth, says that Ministers are required not only to avoid a conflict of interest but to avoid an appearance of a conflict of interest. I therefore speak today in a spirit of great generosity to the Minister, because I want to try to extract him from the pickle that he now finds himself in. I am seriously concerned that Tory Ministers are now exposed to the allegation that they are quite simply poodles on roubles. In that spirit of generosity, I want to set out the two problems that the Minister will be required to resolve if he is to escape such an appearance over the weeks, months and years to come. Problem No. 1 is the gaping hole where a plan for tackling economic crime should be. We know the scale of the problem because the National Crime Agency has told us.

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  30. I congratulate Labour Front Benchers on calling this debate, because we are required to come together today to discuss, to expose and to unravel what could be the greatest coincidence in British politics. The cynical would say, in the words of Yogi Berra, that it is almost too coincidental to be a coincidence, although of course this House would not hazard such a judgment, but here it is: on the one hand we have a Government who have presided over the most comprehensive failure to tackle economic crime, which is a failure so profound that we have earned a reputation around the world as one of the world’s capitals of money laundering, yet on the other hand we have a flood-tide of money—not £2 million, not £3 million but over £4 million, and counting—that has come into Tory party coffers from generous souls with close ties to Russia.

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  31. They have to bring forward a proper plan for tackling economic crime, not least because of the fact that the financial services industry is worth £165 billion to this country, and it employs millions of people who work hard every day. But we trade on our reputation, and right now, this Government are destroying that reputation for good.

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  32. I will conclude, Madam Deputy Speaker, because I think my vetting services have been exhausted for the Front Bench. I will conclude by saying that Conservative Ministers are behaving like innocents abroad in a world that is not innocent. No wonder people are now saying that the capital of Londongrad is not Mayfair but Matthew Parker Street, home of Conservative central office. The cruel would say it is 5 Hertford Street, co-owned by Jamie Reuben, scion of the family that made its fortune in the Russian aluminium wars and, as we know, the place where the Foreign Secretary insists on her £3,000 lunches. The Government have to work harder to persuade us that there is not a coincidence. They have to persuade us that they are not poodles on roubles.

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  33. I want to clarify one point. The Minister seemed to imply that further sanctions would be contingent on a further roll-forward of Russian troops, but that is not what the Minister for Europe and North America, the right hon. Member for Braintree (James Cleverly) said to the House yesterday. He said that there would be further sanctions regardless of whether there was any further advance. Can the Minister clarify that point?

    COUNTERING RUSSIAN AGGRESSION AND TACKLING ILLICIT FINANCE · 2022-02-23 · READ IN HANSARD

  34. This is a day of infamy in Russian history, but the truth is that we are here today because our strategy of deterrence has failed. President Putin has built an arsenal of kleptocracy—he perverts history for his pretexts, and he perverts science for his weapons—but the risk is that today’s slap on the wrist will not deter him from doing anything further. Apart from the Magnitsky sanctions, sanctions for economic crimes have not been proposed since 2014; the oligarchs listed have been sanctioned by the Americans since 2018; and missing from the list were VTB, VEB, Alfa and Sberbank. The Prime Minister has to recognise that pulling our punches does not work with President Putin. We need to punch harder, and if we are not prepared to send bombers, we should at least take on the bankers.

    UKRAINE · 2022-02-22 · READ IN HANSARD

  35. May I follow up the question that was well posed by the right hon. Member for Chingford and Woodford Green (Sir Iain Duncan Smith) earlier? On the package of sanctions announced today, what specifically is that designed to deter, and what is the ultimatum that is being sent to the Russian Government today?

    SANCTIONS · 2022-02-22 · READ IN HANSARD

  36. My right hon. Friend is making a brilliant speech. When the new sanctioning regime was introduced, it was all about increasing our capacity to act independently to sanction bad actors. Is my right hon. Friend therefore disappointed that, Magnitsky sanctions aside, we have added only three people to the sanctions list for economic crimes since 2014? That seems pathetic, given the threat we confront.

    SANCTIONS · 2022-02-22 · READ IN HANSARD

  37. That battle is already under way, but it is time the Minister now stepped up that fight.

    SANCTIONS · 2022-02-22 · READ IN HANSARD

  38. It was, as I have said before in the House, 33 years ago, back in 1989, that President Gorbachev went to the Council of Europe in Strasbourg and gave us a vision about a common European home that stretched from the Irish Atlantic coast to Siberia. It should be a place, he said, where there is the rule of law, our great gift to the people of this world. Those days are now gone. From Kaliningrad to Kamchatka, what we now have is a great kleptosphere taking shape. It is a place where might is right, where, as the saying goes, the strong do what they can and the poor suffer what they must. We now have a task to perform in this country. It is a task we perform with our allies for the benefit of billions of people around the world—to take on the kleptosphere in new and aggressive ways.

    SANCTIONS · 2022-02-22 · READ IN HANSARD

  39. The fact that London and New York are the centres of financial transactions worldwide and the fact that we are the home to the SWIFT financial messaging system mean that we have unrivalled insight and intelligence into who is doing what with whom and where. Why are we not bringing those intelligence packages together and tasking them out to pursue these people? Thirdly, we need a final piece of the strategy that is modelled on the counter-terrorism strategy from a few years ago. The Contest strategy is deemed a good strategy. Its four principles—preparing, protecting, preventing and, crucially, pursuing—are good principles. The Government must now bring forward a Contest strategy for tackling economic crime. That is really what we needed as part and parcel of the sanctions legislation the Minister laid before the House today.

    SANCTIONS · 2022-02-22 · READ IN HANSARD

  40. Let us go through a couple of the points that are missing in action: clarifying the sanctions supervision powers—not done; reviewing the criminal market abuse regime—not done; developing a sustainable, long-term resourcing model for economic crime reform—not done; improving the policing response to fraud—not done. It would be laughable it was not so serious. This is not a Government who are serious about taking on economic crime and there are people around the world who are now paying the price for that negligence. We need three things now. First, we need clear leadership. We need a Minister for economic crime, tasked with bringing forward the economic crime plan to this House at the earliest opportunity. Secondly, we need to start using our intelligence capabilities to light up who the bad actors are around the world.

    SANCTIONS · 2022-02-22 · READ IN HANSARD

  41. The National Crime Agency, we are told, makes a calculation as to whether it can afford the legal costs of a case before it prosecutes unexplained wealth orders. Literally, it is being scared off by the scale of the lawyers it opposes in court. The regulator Companies House does not check the information that is filed in front of it. We have journalists who are being silenced in English courts, for so long sanctuaries of justice, now arenas for silence. As we have heard so eloquently from others, we have no timetable for the economic crime Bill. To judge the Government even on their own terms, let us look at the economic crime plan that they put forward. The analysis of the Royal United Services Institute is that 60% of the measures in the plan have not been implemented.

    SANCTIONS · 2022-02-22 · READ IN HANSARD

  42. That is the pressure that we need to ramp up to send a serious message. Today’s failure would not be so serious if it were not part of a much broader failure. Can anyone in the House tell me: who is the Minister responsible for tackling economic crime? It used to be the right hon. Member for Wyre and Preston North (Mr Wallace), who is now the Secretary of State for Defence. He had a title: Minister for Security and Economic Crime. However, that ministerial role has been deleted from the current ranks of Her Majesty’s Ministers. The new Minister is the Minister for Security and Borders. We are told that the National Economic Crime Centre is comprehensively under-resourced for what it is trying to do.

    SANCTIONS · 2022-02-22 · READ IN HANSARD

  43. As we have heard, the people on the sanctions list announced today have been on a US list since 2018. None of the major Russian banks has been hit with sanctions, even though they are raising liquidity in London to finance their day-to-day banking operations. If we shut them off from the liquidity of London, they would be forced to go to the central bank in Moscow, putting immeasurably more pressure on the economic structure around President Putin. The truth is that the Government have failed to take aim and target the commanding heights of President Putin’s kleptocracy and that is a mistake for which the people of Ukraine are now paying. At least 120 oligarchs should be on the Government’s sanctions list. At least four major banks—VTB, VEB, SberBank and Alfa-Bank—should be sanctioned immediately.

    SANCTIONS · 2022-02-22 · READ IN HANSARD

  44. The problem we have with the Government today is that the tools are being left in the shed. Let us look at a simple scorecard of some of the results. As the hon. Member for Isle of Wight (Bob Seely) said, how many unexplained wealth orders have been implemented against friends of President Putin? A grand total of zero. Apart from the Magnitsky sanctions, which were handed to us and relate to a crime back in 2007, how many sanctions against individuals guilty of economic crime have we proposed in this country? None since 2014—in fact, a grand total of just three individuals are on that sanctions list, yet, when the new independent sanctions regime was introduced, we were promised that it would transform our capacity to take on bad people around the world. If that was true, why on earth are we not using it today?

    SANCTIONS · 2022-02-22 · READ IN HANSARD

  45. We have to work with our allies to put in place a regime that is going to stop this aggression now and once and for all. That is why the package announced today is so disappointing. It has been revealing that almost no one in the House today has stood up to commend the package as good enough. Everything we have heard today has said that it is a disappointing package that falls well short of what we think is needed to deter President Putin. It is, as the old saying goes, like being savaged by a dead sheep. The Government are not short of tools. Actually, after 9/11, one of the great legacies that Labour left was in transforming the architecture for deploying economic sanctions to deter and pursue bad people. However, as Lord Ricketts said in his excellent book late last year, it is no good having the tools if they are left in the shed.

    SANCTIONS · 2022-02-22 · READ IN HANSARD

  46. This is a country that fights us in cyber-space and on the streets of Salisbury. It is a country that meddles in elections and cheats in winning medals. It is reckless in space. It shells its neighbours. Its ambitions are limitless and its tactics are merciless. The question we have to confront is: how much longer are we prepared to tolerate the intolerable? President Putin is not hellbent on acquiring some kind of Lebensraum. His argument is not about trying to roll forward his borders to create some living space for the Russian people. If anything, his strategy, stated as it is, is more ominous: it is to restore the gory glory of the former Soviet Union and re-imperialise the borderlands across 10,000 km of Russia’s borders. That is not a secret, but we have to stop it.

    SANCTIONS · 2022-02-22 · READ IN HANSARD

  47. It is a pleasure to follow that excellent speech. There is an old saying that no matter how elegant the strategy one should occasionally look at the results. The truth is that this Government threatened sanctions as a deterrent and the invasion proceeded, and this afternoon they have laid out the first of their concrete sanctions and the invasion has just stepped up. So surely the Government have got to recognise that the strategy they have laid out of deterrence has failed and they therefore need to think again and come back to this House with measures that are strong and Russia-stopping, because that is not what we have got today. What has been so helpful about today’s debate is the wide acknowledgement in all parts of the House that we are now facing an adversary in Russia that has got to be stopped.

    SANCTIONS · 2022-02-22 · READ IN HANSARD

  48. I welcome the Secretary of State’s defence of free speech earlier today, but the truth is that free speech is under attack in our courts. Tom Burgis is appearing in court today against oligarchs who are seeking to silence him. When will the Secretary of State bring forward a defence against strategic lawsuits against public participation—SLAPPs? If we want to live in truth, we need SLAPP-back laws now.

    TOPICAL QUESTIONS · 2022-02-08 · READ IN HANSARD

  49. I myself have found comfort in the words not of an Irish poet but of a Greek, who wrote centuries ago: “Even in our sleep, pain…falls drop by drop upon the heart, until, in our own despair, against our will, comes wisdom through the awful grace of God.” The wisdom we draw from Jack Dromey’s life is very simple: we should all try to be more Jack. Our community, our country, and this House of Commons will be a damn sight better for that.

    SPEAKER’S STATEMENT · 2022-02-02 · READ IN HANSARD

  50. However, as my experience as an MP for a constituency with high levels of inequality and poverty, it is crucial that any change is not just ambitious in the objective of dealing with climate change, but radical in creating opportunity for all. There is much to do and little time to achieve it before it’s too late.” I say to the Mother of the House, my right hon. and learned Friend the Member for Camberwell and Peckham (Ms Harman), and the family watching today, like you we have all struggled with the shock of loss.

    SPEAKER’S STATEMENT · 2022-02-02 · READ IN HANSARD