Written Question·Home Office·UIN 19222
Money Laundering: Russia
Tabled: 11 December 2024
Answered: 18 December 2024
Question
Sir Iain Duncan Smith
Conservative — Chingford and Woodford Green
To ask the Secretary of State for the Home Department, if she will use her discretionary powers to redirect a portion of the cash and cryptocurrency seized by the National Crime Agency in Operation Destabilise for the benefit of survivors of the war in Uk
Answer
Dame Diana JohnsonOperation Destabilise is an NCA-led operation, which has so far resulted in over £20 million in cash and cryptocurrency being seized. The allocation of recovered criminal funds under POCA is governed by the Asset Recovery Incentivisation Scheme (ARIS), a ...
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