United Kingdom: Corrupt oligarchs must be banned from UK and their assets frozen under post-Brexit sanctions regime

Dominic Raab is being urged to use Britain’s post-Brexit sanctions regime to target kleptocrats and corrupt oligarchs who prop up authoritarian regimes.

In a letter to the Foreign Secretary, 45 MPs and peers warned that the Government’s current suite of sanctions sends “the wrong signal” to those involved in corruption because it fails to mirror so-called Magnitsky laws introduced in the US and Canada.

The parliamentarians, including Boris Johnson’s anti-corruption tsar, a former High Court judge and an ex-Archbishop of Canterbury, urge ministers to introduce legislation aimed at preventing the UK from “becoming a magnet for individuals engaged in corruption”.

The full original article can be found at telegraph.co.uk

(PHOTO: AP Photo/Matt Dunham, FILE)

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