Sanctions: Assets Seizure

Part of Justice – in the House of Commons on 22nd March 2022.

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Photo of James Cartlidge James Cartlidge Parliamentary Under Secretary of State (Ministry of Justice) , Assistant Whip

I am pleased to report that the Ministry of Justice is working closely with colleagues across Government to look at how we can go further to crack down on illicit money in British property, including considering temporary asset seizures beyond the freezing regime that we already have in place. I am not yet in a position to present the details of this to the House. It is a complex issue involving important policy and legal considerations. What I can say is that unlike the Putin regime, the Government will always preserve the rule of law and act against kleptocratic wealth.