Corruption a problem in UK's own back yard, says Christian Aid

By agency reporter
January 26, 2017

As new corruption data was released yesterday (25 January 2016), Christian Aid is asking why the UK has still not taken important actions that would make it harder for corruption to happen.

“Transparency International’s latest Index is a much-needed reminder of the outrage of corruption, which sees criminals stealing billions supposed to pay for sick children’s medicine, for families’ clean water, for better roads and policing for all,” said Tom Viita, Head of Advocacy at Christian Aid.

“Corruption is a sickening injustice committed by powerful people, against everyone else. But many forms of damaging corruption rely on a global system that allows money to be secretly moved around – and UK tax havens are a cornerstone of this system.

“The UK has the power to ensure that its Overseas Territories, such as the British Virgin Islands and the Cayman Islands, are fully transparent about the true owners of the many companies they host.

“Theresa May has said she wants to fight corruption but so far she seems reluctant to challenge the secrecy services provided by the UK’s own tax havens to clients all over the world.

“The UK itself has taken important steps towards tackling global financial secrecy but the Prime Minister must ensure that the places we govern are not helping to facilitate corruption by continuing to sell secrecy. The buck stops with her.”

* Read further information about UK tax havens’ role in international in evidence submitted by Christian Aid and others to MPs examining the Criminal Finances Bill currently going through Parliament here

* Christian Aid http://www.christianaid.org.uk/

* Transparency International http://www.transparency.org/

[Ekk/4]

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