Deputy foreign secretary urges Cayman and British Virgin Islands to implement UK law requiring public registers of funds
Andrew Mitchell said dirty money was ‘often stolen from Africa and Africans by corrupt businessmen, bent politicians and war lords’.Andrew Mitchell said dirty money was ‘often stolen from Africa and Africans by corrupt businessmen, bent politicians and war lords’.Andrew Mitchell added the crown dependencies and overseas territories will face fresh demands from the Foreign Office to comply with UK laws setting up public registers of beneficial share ownership.
He added that “crown dependencies and the overseas territories have not yet done as much as they must do”. The minister said that during the British chairing of the G8 group of industrialised nations in 2016, Lord Cameron put the attack on dirty money and the importance of open registers of beneficial ownership “front and centre”.
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