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Thursday, March 13, 2025
WorldLondon is the main route for global illicit funds - UK Minister

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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.

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