UK is in danger of becoming a corrupt country: Labour MP

UK is in danger of becoming a corrupt country: Labour MP
Senior Labour MP Dame Margaret Hodge (File photo)

A leak in the Pandora Papers shows that the United Kingdom is on the verge of becoming a corrupt country since it is failing to take economic crime seriously enough, says the former chair of the public accounts watchdog.

Speaking to MPs in the Commons, Dame Margaret Hodge, a senior Labour MP, raised the issue, emphasizing the central role of London in promoting economic crime.

Hodge, who made the remarks as part of a debate on the finance bill, called for more funding for financial crime enforcers.

The Pandora Papers leak, exposed in October by the Guardian and an international consortium of journalists, is “the largest cache of documents we have ever received” in relation to tax havens, she said.

“The UK lies at the heart of everything revealed there,” she said. “Others have talked about secret property transactions that took…

Continue reading