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MP warns of financial corruption in UK escaping ‘toothless’ enforcers
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The Pandora Papers leak shows that the UK is in danger of becoming a corrupt country because it is failing to take economic crime seriously enough, the former chair of the public accounts watchdog told MPs, as she called for more funding for financial crime enforcers.
Dame Margaret Hodge, a senior Labour MP, raised the issue in the Commons as part of a debate on the finance bill, highlighting the central role of London in facilitating economic crime.
She said the Pandora Papers leak, exposed in October this year by the Guardian and an international consortium of journalists, was “the largest cache of documents we have ever received” in relation to tax havens.
“The UK lies at the heart of everything revealed there,” she said. “Others have
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