27.2 C
Accra
Sunday, December 22, 2024
WorldLondon is the main route for global illicit funds - UK Minister

Date:

London is the main route for global illicit funds – UK Minister

Hon Andrew Murrison, has revealed to the Royal African Society that “London is the destination of choice for corrupt individuals and illicit finance. ” He also said that the government will be working with the overseas territories to improve financial transparency. “Respected” Andrew Mitchell said.

He says the UK is willing to assist Ghana in getting back any stolen money that goes through London.

The white paper talks about dirty money or stolen funds. This happened when David Cameron was the Prime Minister of Britain, and is now the Foreign Minister. As Prime Minister, he focused on fighting worldwide corruption and stopping the illegal movement of money.

“I want to say that our two countries are very close and help each other in all areas. If money is stolen from Ghana because of corruption, Britain will support Ghana in trying to get it back. ” Around 40% of stolen money and dirty funds from around the world usually go through London or British Overseas Territories. Britain wants to help Ghana if Ghana needs it, the President said in an interview on TV3’s Ghana Tonight on January 31.

Alfred Ocansey and Mr Mitchell sat on the sidelines of the ninth UK-Ghana Business Council meeting in Accra. They both helped to lead the meeting with Vice President Dr Mahamudu Bawumia.

The Council members talked about how money is used to help with climate issues around the world. They were happy that Ghana is working to get money to support projects that help with things like reducing carbon emissions, electric vehicles, shipping, and using hydrogen as a fuel.

[forminator_poll id="710479"]

Latest stories

U.S. Financial Analyst labels Akufo-Addo as Ghana’s worst, corrupt leader

Renowned U.S. financial analyst Scott Bolshevik has sparked a...

Lead-based paints cause lasting health damage – EPA

The Environmental Protection Agency (EPA) has voiced concerns over...

Upper West Region receives 35,600 condoms in effort to curb HIV spread

The Ghana AIDS Commission distributed 35,600 condoms in the...

Star Oil commemorates 25th anniversary

Star Oil, a privately-run fuel retail company, has reaffirmed...

Govt has not issued financial clearance for new expenses – Govt’s transition team

The Government Transition Team clarified that no financial clearance...

‘Your career has not come to an end when you leave a record label’ – Sefa

Ghanaian musician Sefadzi Abena Amesu, popularly known as Sefa,...

More than 12,000 Ghanaians were deported globally in last four years – GIS

The Ghana Immigration Service (GIS) has reported that over...

Related stories

Biden grants full pardon to son Hunter amid criminal sentencing

US President Joe Biden has granted a full and...

Court issues 2-year suspended death sentence to former Bank of China Chair for bribery, others

Former Bank of China chairman Liu Liange on Tuesday received...

Ghanaians among UN peacekeepers injured in Southern Lebanon attacks

The UN peacekeeping force in southern Lebanon has reported...

Russia denies Trump told Putin to restrain Ukraine war efforts

The Kremlin has rejected media reports suggesting that US...

More than 100 detained as protesters defy Amsterdam’s ban on protests

Dozens of pro-Palestinian protesters were arrested in Amsterdam on...

Traffic jam erupts as cyclists from Zhengzhou to Kaifeng for dumplings

A social media trend that began as a lighthearted...

Adin Ross wins $1.6m on Trump election bet after public endorsement

American streamer and social media influencer Adin Ross scored...

LEAVE A REPLY

Please enter your comment!
Please enter your name here