Economic crime needs to ‘be taken seriously’ alongside tougher anti-money laundering levy, says Hodge
The Pandora Papers leak shows that the UK is in danger of becoming a corrupt country because it is failing to take economic crime seriously enough, the former chair of the public accounts watchdog told MPs, as she called for more funding for financial crime enforcers.
Dame Margaret Hodge, a senior Labour MP, raised the issue in the Commons as part of a debate on the finance bill, highlighting the central role of London in facilitating economic crime.
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