Monday, May 21, 2018

Impose tougher sanctions on Russian oligarchs

Commenting on the Foreign Affairs committee report, Moscow's Gold: Russian Corruption in the UK, which claims London is a "laundromat" for Russian "dirty money", Liberal Democrat leader Vince Cable said:

“It is now more than two months since I challenged the Prime Minister to impose tougher sanctions on Russian oligarchs close to the Putin regime, including the use of unexplained wealth orders. But, since their introduction at the end of January, these orders appear to have only been used against peripheral figures from other countries, when the situation with Russia is both so pressing and hostile. 

“These oligarchs, who own so much of London that they should have their own piece on a Monopoly board, must be subjected to the orders. Ministers must also must explain why they have not been used so long after the situation with Russia became so fragile. 

“That’s the context in which we need to look at Mr Abramovich’s visa issue, whether it’s a concerted strategy or simply routine inefficiency.” 

No comments: