Money Laundering: Russia
Commons · Question 19222 · Tabled 11 Dec 2024 · Home Office · Official record
Answered 18 Dec 2024
Question
Asked by Sir Iain Duncan Smith
To ask the Secretary of State for the Home Department, if she will use her discretionary powers to redirect a portion of the cash and cryptocurrency seized by the National Crime Agency in Operation Destabilise for the benefit of survivors of the war in Uk
Answer
Answered by Dame Diana Johnson, 18 Dec 2024
Operation Destabilise is an NCA-led operation, which has so far resulted in over £20 million in cash and cryptocurrency being seized. The allocation of recovered criminal funds under POCA is governed by the Asset Recovery Incentivisation Scheme (ARIS), a ...