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UK economic crime laws must go further to seize frozen assets, lawmaker warns

By Annie Robertson ( March 29, 2022, 16:12 GMT | Insight) -- New UK laws to tackle dirty money must go further to effectively seize the assets frozen by national authorities, according to the lawmaker who leads a cross-party parliamentary group tackling corruption. “The laws we passed are flawed, and because you can only freeze, not seize, everyone’s looking to unexplained wealth orders for the answer,” Margaret Hodge said today, but these are not always “fit for purpose."New UK laws to tackle dirty money must go further to effectively seize the assets frozen by national authorities, according to the lawmaker who leads a cross-party parliamentary group tackling corruption....

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