Sir Iain Duncan Smith

I cannot put a piece of paper between the two of us. The right hon. Gentleman is absolutely right. He now has the capability to push the Government over this issue through his Select Committee. Whatever he chooses to do, I assure him that Opposition Members will support him in that pursuit. We need to get these decisions made now, because that will put pressure on Russia. If we make the decision to seize this money, Russia will then be under pressure to reach a reasonable agreement, because the Russians do not want to lose all this money in the meantime. There is a whole line of pressure that we should be bringing to bear on the Russians. We have allowed certain things to take place, and I do not blame just this Government, because it also happened under the last Government. The Foreign Office is always slightly reluctant to pursue sanctions with quite the aggressive nature that I would want. We recognise that. Everything has always got to be, “Well, Minister, you know, we must take into consideration a huge number of factors here, such as, ‘Why, when and who?’ These need papers, Minister.” I would say to them, “Forget the papers, let’s get to the facts.” The fact is that we have been allowing a shadow fleet carrying liquefied natural gas to come from Russia—even in the past few months—and deliver to the UK and other countries. How can it do that? The answer is simple, and I have raised this with the Government previously. The Americans have stepped in and said that any country that takes this gas will be sanctioned, and that stopped it overnight, but we could have stopped it, because we have the major marine insurers in this country. It was British companies that were insuring this shadow fleet to take Russian gas elsewhere. In what world do people sit there, watching that, and string out questions about what they should do? All we had to do was to say that we would sanction any marine insurer that insured one of those vessels. That would have been the end of it, because the marine insurer market is here in the UK. It would have killed that practice stone dead. America has now moved on this, and we can see some of these ships anchored off such places as India and even China, because they dare not take the gas, because of the sanctions. I urge the Government to drive their civil servants to be quicker, faster and more determined to follow the money and to stop it. As I say, that is not a criticism alone of the present Government; it is also a criticism of the Government of my party that was in power before.