Source · Select Committees · Foreign Affairs Committee
Recommendation 21
21
UK complicit in laundering illicit drug trafficking gains through the City of London
Conclusion
Drugs trafficking is a complex issue with close links between the trade and ruling elites as well as organised crime. There are also linkages to funds originating from the drugs trade being channelled through the City of London. The UK cannot shirk its responsibilities: it is not only the source of demand for narcotics but is also complicit in the washing of the illicit gains of the trade. (Paragraph 78) Trade and investment
Government Response
A response document is linked to this report, dated 25 January 2024. Response attribution to this conclusion has not been verified. Read the response document ↗